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Facebook’s New Cryptocurrency Gets Big Backers

wsj.com

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Re: Facebook’s New Cryptocurrency Gets Big Backers

#5

Post by A2017U1 »

nelsonic wrote: post #3
plotteddancer16 wrote: post #2

Any suspicions on how this will differ from the last decade of crypto coins?

Deeper integration into the most popular social network meaning more people have exposure to it. In terms of functionality, it won't be any different.

It will far more likely be a database under the hood than a cryptocurrency.

Re: Facebook’s New Cryptocurrency Gets Big Backers

#6

Post by tomglynch »

nelsonic wrote: post #3
plotteddancer16 wrote: post #2

Any suspicions on how this will differ from the last decade of crypto coins?

Deeper integration into the most popular social network meaning more people have exposure to it. In terms of functionality, it won't be any different.

Functionality may be different - we don't know yet. It hasn't been announced how decentralised it will be.

Re: Facebook’s New Cryptocurrency Gets Big Backers

#9

Post by beenBoutIT »

A2017U1 wrote: post #5
nelsonic wrote: post #3

Earlier quoted context omitted.

Deeper integration into the most popular social network meaning more people have exposure to it. In terms of functionality, it won't be any different.

It will far more likely be a database under the hood than a cryptocurrency.

If you keep the default settings and use it to buy anything it will spam your 'friends' just like Farmville. "Joe Wilson just used Libra to remove the ransomware from his Dell, how will you use it?".
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