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RE: Have you heard of the Facebook Coin?

in #steemit5 years ago

The only real benefit, is it will bring the cryptocurrency world to the general population, allowing for it to be more heavily adopted and bought. This will really boost crypto growth and we all will benefit.

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I will be making another post about the affect of this Coin and you are kind of right in this point.

Facebook has a huge Userbase and if they launch their own Cryptocurrency they will be kind of forcing it to their entire Userbase and once they are well versed in their Centralized Cryptocurrency people will seek more and which in turn lead to more people looking for more new Coins.

Plus I don't think they will be able to create a FIAT gateway for their coin which means Facebook Users will have to buy Bitcoin first to buy their Facebook Coin.

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They will definitely force it onto users, or at least market the shit out of it with promotions and special deals. I would only consider buying some low for one reason.. to sell when it grows as it no doubt, will explode and net a nice profit.

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