Ninjastic
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Post
Topic
Board Altcoin Discussion
Re: Facebook’s Global Coin Is A Threat to Bitcoin Cash, BCH Down 3.7%
by
noormcs5
on 16/06/2019, 16:00:20 UTC
Quote from: trickbdpro on June 12, 2019, 05:28:11 AM
  • BCH down 3.7 percent
  • Facebook’s Global coin will disrupt public chains like Bitcoin cash

Because of Facebook’s broad base and active users exceeding 2 billion, the Global coin is an existential threat to Bitcoin Cash. Currently, BCH is consolidating against the USD, down 3.7 percent.

Many many trader say Facebook's global coin is a threat for Bitcoin cash

What do you think?


I do not think that facebook coin will be a threat to any coin. Yes, there will be a big hype as facebook is a biggest social media but it will hard to know how will the facebook coin be of any use to the facebook users. I do not see any use case of facebook coin and therefore it may not be successful in the long term.