Is Facebook Coin a Threat for Bitcoin?

25 Comments

1. NYT Article: https://www.nytimes.com/2019/02/28/technology/cryptocurrency-facebook-telegram.html
   Whatsapp Stats: https://expandedramblings.com/index.php/whatsapp-statistics/
   Facebook Credits: https://en.wikipedia.org/wiki/Facebook_Credits

2. Facebook coin is a spy coin….wake up people

3. Win Ledger Nano X in offical site !!!! @t

4. ???? Facebook is dying bro. It’s penchant for speech censorship and it’s centralization as well as promoting liberal mind cancer will be its death. FB and big tech are PRIME for the disruption that’s coming

5. Nothing can be threat for Bitcoin. Period.

6. The ignorance of the masses is always a threat.

7. SCAM ALERT IN THE COMMENTS! dont go at ethers4free.com

8. My main interest is how easy it would be easy to acquire the Facebook coin… And how easy it would be to convert to BTC.

9. I think it's just the US and Asians the ones who are not using whatsapp

10. why u worry lol,only questions is can u mine facebook coin,if u can than is good convert to btc of eth than no prob

11. wechat which has more users than whatapp and has a sucessful wallet feature used widely in China. I use it to buy BTC 😉

12. But why would a stable currency that has unique value will affect the Bitcoin price? Also if that coin is centralized then people will be only using it on WhatsApp.

13. Facebook credits was kool, everyone bought some than no one used em. It was difficult to use & by the time it became usable no one wanted to use it.

14. you are not that smart if you think this is a threat.

15. In a short run it my succeed, but in a long run no chance, steem or other similar project will take over.

16. Nice useful video. No charts excellent.

17. come on, FB's shitcoin has no chance at all. it's something totally different. if anything, it helps bitcoin. FaceBook is definitely NOT the biggest threat to Bitcoin.

18. No wonder every top fortune 100 companies whether it’s Facebook or google or JPM all are threat to conventional crypto currencies which are not backed by any well established name.

19. There is a long list of countries that ban or restrict FB even as a free service (https://en.wikipedia.org/wiki/Censorship_of_Facebook)

    Imagine if they try to give a feature that allows users to send cross border payments?

    Regulatory shit show.. actually just not gonna happen

    It being tied to fiat at moooooooost will compete with Tether

20. The coin will be called zuckerscoin! No kidding ?

21. Bitcoin and some alt coins is the future but Facebook coin or whatever they want to called them won’t have any value or gain just for transaction but and sell stuffs, also Facebook will sell your info. Will help the adoption more faster YES, they’re going to beat Bitcoin or Alt coins ? NO.

22. So what would facebook coin do? Do we have any info on that?

23. the way you pronounce good cracks me up you're always like Ghoud. 😀 😀 great video.!

24. All social media apps will use their own coin for their own purposes internal to the app. A stable coin or one with such an ever increasing high supply that it makes it stable enough. They will still have to interact with other crypto currencies of value in order purchase items outside their ecosystem if allowed. So not a threat. Whats app users will not even own the keys and will be slaves to a centralised BS system.

25. Sunny, I'm a big fan. fbc does have the reach, but btc is literally financial freedom (decentralized) that many people need. Btc is non-fungible, making it a sexy collectible, which potentially strengthens it store of value. There are additional layers and technologies to increase tps, provide fungibility and more, brought to you by the most brilliant minded people. In my humble opinion, btc is unstoppable and has/is/will pave it's own way, irrespective of fbc or any other coin. Just to be clear, I also believe other altcoins will succeed and improve people's lives. As a fan, thank you for being active and giving us such great content with a unique perspective <3