Facebook *Buying* Coinbase?

in #coinbase6 years ago (edited)

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We all know about controversy about crypto ads banned by Twitter YouTube Facebook all this the Bitcoin keep on touching it's dip now they r news that Facebook will lift the ban of Crypto ads and also acquiring Coinbase according to economist.com. Now that will be interesting to see coinbase is interested in selling as they got alot of revenue form transaction fees and adoption of Crypto currency is keep on increase so they might not sell.

What happen when Facebook acquire Coinbase they might have massive adoption as Facebook has two billion user so that might be a positive things for crypto and also Facebook will have all the data that requires to KYC in Coinbase that can be negative point after the recent news of Facebook of selling personal data of other.

If platforms like Google, Twitter and Facebook launched their own cryptocurrency it could be huge because of the user base that Interesting fight between the Centralisation vs decentralisation let see what happen and will Facebook will acquire Coinbase it's just rumors not confirmed.

Let me what do u think
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@jadejasandeep

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