Post
Topic
Board Altcoin Discussion
Re: Who Would Really Buy Facebook Coin?
by
stephanirain
on 21/01/2020, 16:57:31 UTC
Honestly, who would buy this? Serious question! I've been reading about it and I don't see how Facebook can create a coin that upholds the values crypto portrays (censorship free currency).

https://tipestry.com/topics/5ce41169570b6c1f0750a040/facebook-to-release-its-own-cryptocurrency-on-whatsapp-%E2%80%93-libracoin-%E2%80%93-with-its-base-in-switzerland-and-first-launch-in-india


Facebook is a big company and one of the most famous social media website. Even my neighbor's dog has an account on Facebook. So, it won't be surprising that many will but and support it. This is also a good opportunity to introduce cryptocurrency to the public since many still do not know what is it aside from bitcoin. There are still people that I know I'm real life that only knows about bitcoin. With this great example, people might see crypto in other light.