Quote from: Sacramentus on June 17, 2019, 05:00:35 AM

Quote from: Yoshinoya on June 17, 2019, 04:57:01 AM

Facebook's cryptocurrency is highly anticipated in the crypto community to be one thing that helps increase mass adoption. With the help of Visa, Mastercard, Uber and PayPal, this can finally become a reality.

Reports surfaced earlier this week by the Wall Street Journal that social networks had signed more than a dozen companies to support crypto currencies, stablecoin which had been developed in secret for more than six months. Each of these new supporters will invest around $ 10 million in the project as part of a consortium that regulates cryptocurrency.

In addition, the report said that Booking.com, Stripe, and MercadoLibre were three other companies that were part of this project but there was no one to determine their role to date.

Facebook has revealed that it was GlobalCoin last December, although the company has suggested that they are looking at cryptocurrency as far back as 2017.

I still find it very difficult to believe all the news circling the Facebook global coin, since no news has officially come from Facebook. I believe there should be a source of where you got your information from, do good to add it and let's try to figure out how authentic is your information.

Nothing yet that is coming officially form facebook itself but just from their financial staff. But all that's been in that news perhaps made this price spikes. Its however very ironic to see one of the reason why price of bitcoin dumps terribly was also because of facebook banning crypto in their social media platform and now they are also helping it regain.