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RE: Facebook might have its own cryptocurrency soon

in #steemit7 years ago

I really doubt it, cryptocurrency is a big risk and they already have a very profitable business turning facebook into something like steemit would only make sense if steemit was becoming a huge competitor that was taking away their customers. At this point, it is nowhere near enough popular to even be noticed by facebook.

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Interesting enough is your opinion. However, may I offer that, based on your last sentence, the best time to prepare for a flood, is before the flood occurs. I'm no guru, but (and forgive the pun) if Steemit is causing ripples in the water, I'd start my programming now than wait to be inundated by a mass exodus.
It really does change the business model and paid for algorithmic advertising. When we share the knowledge of what's possible, the flood gates will burst.
...And it's already started. :-)

I don't doubt that they have a lot of plans for all kinds of eventualities, but until the crypto space becomes even more mainstream, I doubt facebook could win over the market in this department.

I agree 100% with you on that one.