Post
Topic
Board Altcoin Discussion
Re: What if social media apps start launching their own cryptocurrency?
by
smyslov
on 06/06/2023, 22:52:09 UTC
Would make sense / dosn't Reddit have some kind of coin (not crypto) system in place yet? So should be easy for them.

They don't have one yet Facebook tried it once and named their coin Libra but the regulators did not allow them to launch, so far there are no existing big social media that have their own coin and if one social successfully creates one and gets pumped, it will become the next big trend, but we all know regulators they are going to stop efforts for social media to launch, they will categorize it as a security token and not utility and that's where the issues start.