irl1
Full Member
Posts • 9,274
Likes • 9,380
December 2017
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Facebook's new Cryptocurrency "GlobalCoin", by irl1 on May 24, 2019 17:38:56 GMT 1, Facebook plans to launch 'GlobalCoin' cryptocurrency in 2020
Facebook is planning to launch its own cryptocurrency in early 2020, allowing users to make digital payments in a dozen countries.
The currency, dubbed GlobalCoin, would enable Facebook’s 2.4 billion monthly users to change dollars and other international currencies into its digital coins. The coins could then be used to buy things on the internet and in shops and other outlets, or to transfer money without needing a bank account.
Mark Zuckerberg, the founder and chief executive of Facebook, last month met the governor of the Bank of England, Mark Carney, to discuss the plans, according to the BBC.
Zuckerberg has also discussed the proposal, known as Project Libra, with US Treasury officials and is in talks with money transfer firms, including Western Union, to develop cheap, safe ways for people to send and receive money. A report last year said Facebook is working on a cryptocurrency that would let users transfer money using WhatsApp, its encrypted mobile-messaging app.
www.theguardian.com/technology/2019/may/24/facebook-plans-to-launch-globalcoin-cryptocurrency-in-2020
Facebook plans to launch 'GlobalCoin' cryptocurrency in 2020 Facebook is planning to launch its own cryptocurrency in early 2020, allowing users to make digital payments in a dozen countries. The currency, dubbed GlobalCoin, would enable Facebook’s 2.4 billion monthly users to change dollars and other international currencies into its digital coins. The coins could then be used to buy things on the internet and in shops and other outlets, or to transfer money without needing a bank account. Mark Zuckerberg, the founder and chief executive of Facebook, last month met the governor of the Bank of England, Mark Carney, to discuss the plans, according to the BBC. Zuckerberg has also discussed the proposal, known as Project Libra, with US Treasury officials and is in talks with money transfer firms, including Western Union, to develop cheap, safe ways for people to send and receive money. A report last year said Facebook is working on a cryptocurrency that would let users transfer money using WhatsApp, its encrypted mobile-messaging app. www.theguardian.com/technology/2019/may/24/facebook-plans-to-launch-globalcoin-cryptocurrency-in-2020 |
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darkarts
New Member
Posts • 125
Likes • 70
December 2014
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Facebook's new Cryptocurrency "GlobalCoin", by darkarts on Jun 16, 2019 23:07:40 GMT 1, interesting !
interesting !
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Facebook's new Cryptocurrency "GlobalCoin", by sleazus1slord on Jun 17, 2019 8:17:12 GMT 1, "We own everything so you don't have to"
"We own everything so you don't have to"
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rebate
Junior Member
Posts • 1,050
Likes • 961
January 2018
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Facebook's new Cryptocurrency "GlobalCoin", by rebate on Jun 17, 2019 8:48:20 GMT 1, Nice collab there. So its facebook, which most of its users dont trust, with crypto which most of the population dont trust.
Should be an interesting watch for sure.
Nice collab there. So its facebook, which most of its users dont trust, with crypto which most of the population dont trust.
Should be an interesting watch for sure.
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Facebook's new Cryptocurrency "GlobalCoin", by Charlie Bronson on Jun 18, 2019 17:28:47 GMT 1, This is perfect for all of those people who don't trust FDIC backed banks, but do trust Facebook
This is perfect for all of those people who don't trust FDIC backed banks, but do trust Facebook
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chevyav53
Junior Member
Posts • 1,356
Likes • 1,134
August 2017
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Facebook's new Cryptocurrency "GlobalCoin", by chevyav53 on Jun 18, 2019 17:55:53 GMT 1, all I know is most of my other coins are jumping and going to try to time another great sell 
I will probably jump into this a bit as it is way over hyped especially since there are big backers but as many have mentioned above the droid (Suckerberg) will do something to lose the trust and hopefully FB will finally fail. But Instagram can live.
all I know is most of my other coins are jumping and going to try to time another great sell I will probably jump into this a bit as it is way over hyped especially since there are big backers but as many have mentioned above the droid (Suckerberg) will do something to lose the trust and hopefully FB will finally fail. But Instagram can live. |
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sfnyc
Junior Member
Posts • 1,109
Likes • 1,123
Member is Online
August 2017
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Facebook's new Cryptocurrency "GlobalCoin", by sfnyc on Jun 18, 2019 18:00:56 GMT 1, Isn’t a key feature of cryptos its privacy settings / anonymity?... and isnt facebook the worst company in terms of reselling users datas to advertisers / political groups?
Isn’t a key feature of cryptos its privacy settings / anonymity?... and isnt facebook the worst company in terms of reselling users datas to advertisers / political groups?
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teabaggins
New Member
Posts • 930
Likes • 1,559
November 2018
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Facebook's new Cryptocurrency "GlobalCoin", by teabaggins on Jun 18, 2019 18:01:43 GMT 1, This is perfect for all of those people who don't trust FDIC backed banks, but do trust Facebook
😂
This is perfect for all of those people who don't trust FDIC backed banks, but do trust Facebook 😂 |
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Dive Jedi
Junior Member
Posts • 6,159
Likes • 9,384
October 2015
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Facebook's new Cryptocurrency "GlobalCoin", by Dive Jedi on Jun 18, 2019 18:03:41 GMT 1, Isn’t a key feature of cryptos its privacy settings / anonymity?... and isnt facebook the worst company in terms of reselling users datas to advertisers / political groups?
Honestly…..
Isn’t a key feature of cryptos its privacy settings / anonymity?... and isnt facebook the worst company in terms of reselling users datas to advertisers / political groups? They will not sell that data. Honestly….. |
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irl1
Full Member
Posts • 9,274
Likes • 9,380
December 2017
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Facebook's new Cryptocurrency "GlobalCoin", by irl1 on Jun 18, 2019 18:27:57 GMT 1, Isn’t a key feature of cryptos its privacy settings / anonymity?... and isnt facebook the worst company in terms of reselling users datas to advertisers / political groups? They will not sell that data. Honestly….. 
Isn’t a key feature of cryptos its privacy settings / anonymity?... and isnt facebook the worst company in terms of reselling users datas to advertisers / political groups? They will not sell that data. Honestly….. |
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coller
Junior Member
Posts • 2,380
Likes • 2,371
April 2015
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Facebook's new Cryptocurrency "GlobalCoin", by coller on Jun 18, 2019 20:15:32 GMT 1, Company with arguably the biggest privacy-related issues on the planet decides to venture into cryptocurrency. What could go wrong?
Company with arguably the biggest privacy-related issues on the planet decides to venture into cryptocurrency. What could go wrong?
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moron
Junior Member
Posts • 2,711
Likes • 1,050
September 2017
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Facebook's new Cryptocurrency "GlobalCoin", by moron on Jun 23, 2019 20:39:45 GMT 1, I notice more and more sponsored posts appearing on peoples facebook timelines.
Billionaire Zuck is asking investors to pay for this crypto scheme. He is asking for one billion dollars.
Is facebook just pumping up it's value or losing money?
I notice more and more sponsored posts appearing on peoples facebook timelines.
Billionaire Zuck is asking investors to pay for this crypto scheme. He is asking for one billion dollars.
Is facebook just pumping up it's value or losing money?
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Deleted
Posts • 0
Likes •
January 1970
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Facebook's new Cryptocurrency "GlobalCoin", by Deleted on Jun 24, 2019 0:03:56 GMT 1, It's not actually a cryptocurrency at all. However it has a good chance of succeeding, will be more like Alipay than bitcoin.
It's not actually a cryptocurrency at all. However it has a good chance of succeeding, will be more like Alipay than bitcoin.
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ashley123
New Member
Posts • 48
Likes • 16
October 2019
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Facebook's new Cryptocurrency "GlobalCoin", by ashley123 on Oct 29, 2019 16:17:31 GMT 1, I'm pretty new to cryptocurrency, but I look through crypto forums cryptolinks.com/cryptocurrency-forum from time to time, and I can say that most people are sceptic about Libra. As for Bitcoin, its popularity has been growing every day, especially after the increase of its price. I even read that Libra can replace Bitcoin. Does anyone believe in this?
I'm pretty new to cryptocurrency, but I look through crypto forums cryptolinks.com/cryptocurrency-forum from time to time, and I can say that most people are sceptic about Libra. As for Bitcoin, its popularity has been growing every day, especially after the increase of its price. I even read that Libra can replace Bitcoin. Does anyone believe in this? |
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