Post
Topic
Board Altcoin Discussion
Re: Your thoughts on Facebook's GlobalCoin
by
Tylev
on 05/10/2019, 14:51:25 UTC
Facebook actually created the cryptocurrency, I heard that news on tv and identified it in the newspaper. It is good news for me because it will have a good impact on cryptocurrencies in general or bitcoin in particular in my opinion. Also, I really hope Facebook does well on this campaign so that people can use cryptocurrencies extensively, have a better view of cryptocurrencies that it is legal, not a scam... Grin
Facebook will not succeed in what they are doing for a while. They need the Government to confirm their actions first.
Facebook has abused its knowledge of the confidential information of its users many times and therefore I do not trust it. I would prefer that such a global stable coin be issued by a state or group of states. It seems to me that even a similar Chinese CBDC coin will be more reliable. It seems to me that transferring global financial stability to private hands is unreasonable.