Post
Topic
Board Bitcoin Discussion
Re: Is Facebook trying to profit from Cryptos ?
by
bitbunnny
on 13/09/2019, 23:20:53 UTC
Maybe Facebook team are yet to fully understand bitcoin and hence they are dealing with altcoins for now, later on they can get on with bitcoin. Without bitcoin no other coin really make sense, except one wants to introduce scam to the public.

Mark Zuckerberg has billions of dollars and he has hired a team of the best professionals to help FB with Bitcoin is somebody does not understand it (although I doubt it too much). For sure, as money makes money, Facebook leaders have the only one aim - to make more on cryptocurrencies. I have almost no doubt that they will succeed here, and we will see the Libra project very soon.

Facebook is.losing money big time so they want to.try cryptocurrencies too. They look at it as another niche and chancr for their profit.
Unlike you I'm not so sure they will be successful, especially not with Libra. Something doesn't seem to be right there.  But again the time will tell.