Sorry for any mistake in English, I'm not fluent
Is Facebook's new cryptocurrency safe?
Recently the Facebook company announced its new proposal to create credit cards based on its new company cryptocurrency, I believe that initially this currency generates profit for its early investors, however, I do not see it as a reliable currency from the following points that I will address
I believe that the saying, "If you are not paying for the product, the product that is being sold is you." It fits well when the subject refers to the actions taken by Mark Zuckerberg, here in Brazil (which is where I live), the positions taken by the company Facebook and its subsidiaries are not very well seen in general here, in the elections of 2018 the same tried to censor parties and supporters with a more liberal and conservative vision, but gave full support to marketing advertisements for parties with communist bias / socialist, and to help the same recently run after recovering from the great scanda-what was the sale of data of its users to other companies
The question is: should I entrust my investments to this new cryptocurrency? My conclusion boils down to taking advantage of the launch to invest in other currencies as a small investment and then avoid using this new Facebook project because in my view if the security of our data was not safeguarded by the company imagine our bitcoin?
And now the cryptocurrency and FB. Rumors go for a long time about Blockchain and FB. In my opinion, there is something in it. Mark is not a fool boy, he has advisors who have the knowledge and experience. Also he has big money. They are developing something for us. Let's see what it will be.
In my opinion, we should always see the opportunity to earn money. And if possible to make good money from FBCoin i will use this opportunity. But i do not agitate anyone because i do not know what to expect.