Facebook the new bitcoin?

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  • popawoody
    Registered User
    • Feb 2014
    • 34

    #1

    Facebook the new bitcoin?

    Will a power player like facebook create the new bitcoin? And could they be more successful with it?

    http://www.forbes.com/sites/parmyols...l-needs-trust/
    PopaWoody
  • candyflip
    Carpe Visio
    • Jul 2002
    • 43069

    #2
    Bitcoin is not a money transfer service. Facebook is looking to set up something akin to Paypal, not Bitcoin.

    Spend you some brain.
    Email Me

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    • DBS.US
      Geo Cities
      • Aug 2003
      • 11843

      #3
      Originally posted by popawoody
      Will a power player like facebook create the new bitcoin?
      Facebook Prepares A Money-Transfer Service
      Have an unused domain? Make a Free Chaturbate White Label site and be making money tonight

      Comment

      • Barry-xlovecam
        It's 42
        • Jun 2010
        • 18083

        #4
        How much you want to bet they will not finance any adult virtual services?

        That said, they would be trustworthy as an approved money transfer service even more so as publicly listed and regulated business.

        There is a real need for a virtual currency as a middleman for internet transactions. So long as they stay out of the ATM and credit card markets they will do just fine.

        Comment

        • DAMNMAN
          Confirmed User
          • Dec 2002
          • 1440

          #5
          Originally posted by popawoody
          Will a power player like facebook create the new bitcoin? And could they be more successful with it?

          http://www.forbes.com/sites/parmyols...l-needs-trust/
          Actually Google is working very hard on a coin of their own.... and the idiots in the general population are stupid enough to buy into a coin controlled by a huge mega company who will keep the majority of the coins for themselves. Instead of a coin that is co-opted by all.

          Google will make the coin easy to use and with password recovery etc... for the sheeple who love to be controlled.

          If google does launch a coin and it gets accepted they will be the richest company in the entire world.
          Last edited by DAMNMAN; 04-15-2014, 08:36 PM.
          email: zmaster (at) earthlink.net
          ICQ: 196678616
          ZMASTER

          One less god!!!
          I contend that we are both an atheist. I just belive in one fewer god than you do. When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours.

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          • slapass
            Too lazy to set a custom title
            • Nov 2002
            • 14625

            #6
            Originally posted by DAMNMAN
            Actually Google is working very hard on a coin of their own.... and the idiots in the general population are stupid enough to buy into a coin controlled by a huge mega company who will keep the majority of the coins for themselves. Instead of a coin that is co-opted by all.

            Google will make the coin easy to use and with password recovery etc... for the sheeple who love to be controlled.

            If google does launch a coin and it gets accepted they will be the richest company in the entire world.
            Interesting idea. A coin backed by a major corporation. The world is truly changing.

            Comment

            • Barry-xlovecam
              It's 42
              • Jun 2010
              • 18083

              #7
              Ripple wants to be the new world central bank.

              https://ripple.com/partners/
              https://www.ripplelabs.com/investors/

              Interestingly, Google is one of the listed investors.

              http://www.stlouisfed.org/dialogue-w...and-beyond.cfm
              http://www.stlouisfed.org/dialogue-w...in-3-31-14.pdf

              Welcome to 2 weeks ago ...
              Last edited by Barry-xlovecam; 04-16-2014, 04:01 AM.

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