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RE: A Facebook or JPM Coin would actually be very good for Bitcoin!
As I understood they will have something like stable coin which already exists in some form. This could boost the crypto acceptance but also increase the volume and make it easier for average Joe to get involved. It does not matter if they will have even some form of centralization as long as they have huge user base which is important.
Yep, even if their coin catches on big time. It should on add-to what bitcoin is doing.