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RE: Facebook Buying Coinbase ?

in #cryptocurrency6 years ago

Maybe Facebook really IS interested in buying Coinbase. Clearly, Zuckerberg has had some kind of insight, recently. What if FB is considering creating their own social currency? Let's face it — it would be an easy "sell:" Zuckerberg endorses a cryptocurrency, and already have 2.3 billion built-in customers. So go out and buy a major exchange so you can profit both coming and going.

The thing that's really bothersome about this is that it would be a major setback to the idea of cryptocurrency as a decentralized idea... you don't get much more centralized than Facebook...

I guess we'll just have to keep our eyes on this particular ball...

=^..^=

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Very well pointed out @curatorcat as yes everything will turn centralized after this happen and crypto is all about decentralization . For sure once they jump into it they must bring in something so the main aim of crypto does not shatters that is decentralization .

Yes @moneyguruu, but I think now microsoft and facebook are taking interest in #decentralised and #blockchain based projects.
And I think now both Companies are showing their power to beat each other.
Microsoft did every thing to aquere Github and now Facebook is taking interest in Coinbase.
Apart from Crypto, What do you think about Microsoft and Facebook, which will be superpower??
Because Microsoft aquered LinkedIn, GitHub, while What's App, Instagram are Part of Facebook..
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