Facebook Said to Be Seeking $1 Billion in Funding for Crypto Project
Nathaniel Popper, a technology reporter at The New York Times, tweeted Monday that sources have said Facebook is targeting “big sums – as much as $1b” from venture capitalists to support the stablecoin effort.
Interesting article about Facebook moving forward with its own crypto coin. I have to think that this is going to be good for crypto in the long run, more people using it will trade between the different coins. I wonder how this will effect Steemit.....
Read the full story here....
https://www.coindesk.com/facebook-said-to-be-seeking-1-billion-in-funding-for-crypto-project
Steem is right around $.48, seems on the cheap side to me, especially if bitcoin keeps moving up.....
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