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RE: Facebook Integration of Litecoin - Speculation at it's Best!
What better way for regulators to keep track of crypto than Facebook?
What better way for regulators to keep track of crypto than Facebook?
How so? It doesn't provide a tracking mechanism, all it would do is track data running through Facebook - and if Facebook did get to integration level tech, it would be decentralised to gain support of the community.
facebook could allow you to connect a litecoin wallet to your messenger app... then they would have perfect records of all the litecoin sent amongst users...
Firstly, I can't imagine ltc agreeing to this. Secondly, third party pairing via a messenger API would not give Facebook these records. If all they wanted was transactions, they could simply download the public blockchain - all transactions are public anyway. Facebook also couldn't do this due to the aforementioned regulatory issues - hope this clears things up for you :)
Sounds like you know better than I