Post
Topic
Board Altcoin Discussion
Re: Facebook Diem thoughts
by
Lanatsa
on 03/09/2021, 23:40:59 UTC
I was looking at Facebook Diem, I know it's coming from failed project Libra. It's not only about coin, they are building the whole infrastructure: blockchain, wallet...
For starters it was meant to be integrated into Facebook's ecosystem: FB, IG, Whatsapp and be used for money transfer.

What do you think about it? Does it have future? What are potential usages of Facebook's blockchain?
Not expecting that much because it would be still on centralized aspect of things which is really that not surprising.Every company could create their own coin as they can or make out projects

that do in terms of payment system but honestly this isn't something that in too far on those casual payment system which are reversible and can be traced up.

If ever they would integrate bitcoin then that's an another part of the story but creating their own then this isn't something special.