Facebook Starting Its Own Blockchain Division
David Marcus, who led the Messenger division at Facebook, just announced he will take on "another challenge", namely the Blockchain division inside Facebook.
It may look like just a small announcement from an obscure team at Facebook, but I believe this is going to be huge.
Keep an eye on this "small team starting from scratch"...
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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Hahaha fb banned blockchain promotion ads and now they are startin blockchain.m Hillarious 😂
Maybe this was the reason why they banned it? No better way to ensure their own success than to ban all other mention of competitors!
I think Facebook was genuinely trying to stop ICO promotions on unsuspecting users, not silence potential competitors. They are doing a poor job though, I still get scammy ICO advertisements while the MIT Bitcoin Club is banned from promoted our events.
Yes, you are probably right. It is a bit over-the-top to block ads from competitors, but it still feels a little weird if they end up creating a coin or token while still banning all mentions of other cryptos.
To get started they must offer to buy Steemit for atleast $10 billion...
If I was Zuckerberg I would probably start buying up steemit. He could probably get between 1 and 10% of it maybe but I think it would be hard to get much more than that. If we could just get one big bullish investor I bet the price of steem would really rise.
I would much rather prefer if they stay far away from Steemit!
I'm surprised they haven't just bought up Steem when it was cheap and taken over the network. It wouldn't be difficult with their kind of money.
hahaha these are the people who were saying that crypto is a shit. now they are moving to crypto related technology.
What a win!
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Thanks, appreciate it! :)
Was just reading about this.... Great to see the full text. Not so sure if this is a good or bad thing.... Or it's just there.
By the way, great job with stemmit.supply.... Used it like 60secs ago. I don't have to scroll through my comments anymore... Haha
I wouldn’t expect Facebook to launch its own cryptocurrency in the near future. This is likely just an exploratory mission that’s designed to figure out how blockchain could fit into the social network and to ensure that if the technology really is the future, Facebook doesn’t get left behind. Earlier this year, Zuckerberg did mention that he intended to take a deeper dive into blockchain this year.
Blockchain across Facebook? Mehn this is gonna be huge. This is one thing we should look out for at this time .
wow. good news it is.
Wow? Blockchain on Facebook? Does that mean anything of threat to steemit?
It could be, but it might now ;) It really depends on what Facebook plans to do with the technology.
its a gigantic process i think
very good effort best of luck