You are viewing a single comment's thread from:
RE: Facebook Bans Crypto-related Ads - What Does This Mean?
I wonder how many people would even buy a coin, that can become worthless at any moment (it's value would exist solely because of integration with FB).
Basically it always seems that Zuck is trying to add a few more billions to the assets in his control, and a VERY centralized "crypto" currency would be a great way to do that.
All he has to do in order to get the currency into circulation is first give advertisers a discount when paying with said coin, then integrate ecommerce for pages and "buy now" buttons that are connected to a user's wallet. In said wallet, the user can store Facebook Coins AND tethered fiat, then use them to pay for products and services (like an ad-free account on Facebook). This virtual wallet can then be easily integrated into Facebook apps and games, and basically the whole Facebook ecosystem. Zuck already owns the planet. Now he's just showing off.
We're doomed :'(
Your optimism inspires me. <3
Steem needs to get to 100B marketcap, then we'll probably be Zuckerberg resistant
Yeah, he can buy us out long before that.
Hopefully he'll stay a long time in part 1 of the Gandhi Revolution Process- Ignoring Us
Big mouth always eats up the small mouths...where is social media good thoughts? Mr. FB owner?
As you can see, that could've easily been said about Steem for the past 2 years before platforms like DTube, DLive, Busy and Utopian developed. Not to mention that if steemit died the coin would drop it's price like crazy, possibly below 1 USD. You're delusional if you don't see the similarities of a potential Facebook Coin and Steem.