Post
Topic
Board Altcoin Discussion
Re: Your thoughts on Facebook's GlobalCoin
by
jarhed
on 06/07/2019, 18:57:05 UTC
It will surely have good impact on crypto market in general but some are saying it will outrival bitcoin which is very hard to believe for me ,globalcoin will do fine no doubt but can't rival bitcoin
Naaaaa! I don’t believe it. This incoming new altcoin will surely be centralized, will be a stable coin from which i’ve heard about and will have its specific purpose different from that of Bitcoin. It will surely be for the use of these leading social media facebook and WhatsApp and can’t be considered a digital asset like bitcoin.
A coin from Facebook can be considered as an official cryptocurrency asset. But other coins may have problems with regulation.