Quote from: Renampun on Today at 05:02:50 PM

Quote from: paxmao on February 27, 2021, 11:14:01 PM

The "FAANG" (Facebook, Apple, Amazon, Netflix, Google) are now near a monopolistic position in their core areas and they are using it to make extra profits. But the are winds of war, e.g. Apple disallowing segmentation for Facebook and Google or charging in in-app purchases to third parties.

Apart from Facebooks try with Libra, is there anyway they could start competing on the blockchain world? My take is that they should.

in the next few years, they will be left behind if they do not take advantage of blockchain technology...
Blockchain technology can not only be implemented in cryptocurrencies but can also be applied in many ways and it will help a company. Blockchain is the newest technology and they have to try it, make it sound like a company keeping up with the changing times.

They will adopt this as demands will push them to do so. Incoming years more and more business will step inside and use the system, those known companies that being mentioned will have no other options but to accept.
Moving forward, for now existing coins are good enough if those known businesses will start to use crypto for thier payment transactions,
unless they'll venture deeper like what FB intend to do with Libra.