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@facebook + #cryptocurrency + @WSJ = ???
— TCL.Naugs (@CryptoNaugs) May 3, 2019
"Project Libra" a full payment network with potential links to @Mastercard and @Visa.
Stay safe out there.
They go up to go down, they go down to go up.https://t.co/FOOlMaCjGZ
“Seeking total investments of about $1 billion, Facebook has talked to financial institutions including Visa Inc., Mastercard Inc. ... The money would underpin the value of the coin to protect it from the wild price swings seen in bitcoin and others” https://t.co/wZYelki60I
— Quadency (@quadency) May 3, 2019
Just in time for the 2020 election ! ?♂️
— Farooq Butt (@fmbutt) May 2, 2019
https://t.co/oRBjvqUGqr
1) The most important component of the upcoming $FB stablecoin will be the loyalty/rewards system, which is critical to getting to the front of the consumer wallet. Ads tie-in is an interesting idea and could become a significant barrier to entryhttps://t.co/umgWiYR485 https://t.co/TyZPbB7iQL
— Gavin Baker (@GavinSBaker) May 4, 2019
I think we all knew this was going to happen. When $Bezos coin lol? #AMZN https://t.co/rk331gAMYh
— rallyqt (@rallyqt) May 3, 2019
This is a very good idea. Done right, a stable simple digital currency could wean content creators from an over-reliance on ad revenue and Facebook from depending harvesting and selling user info. https://t.co/rq1Mvkz66l
— Walter Isaacson (@WalterIsaacson) May 3, 2019
It is estimated that $3B of the present daily on-chain volume represents commercial settlement transactions. The Facebook announcement is the leading edge of a tsunami wave. https://t.co/1n8ImKcMY8
— Peter Brandt (@PeterLBrandt) May 3, 2019
? “Facebook envisions eliminating swipe and other card processing fees that merchants pay on transactions, which are typically around 2% to 3% and are collected by banks, payments processors and networks such as Visa.” https://t.co/HJBgXXmoON
— Marcelo P. Lima (@MarceloPLima) May 3, 2019
eCommerce as the "plumbing" of the Internet //
— Andrew Matranga ? (@andrewmatranga) May 2, 2019
Facebook Building Cryptocurrency-Based Payments System https://t.co/GLteHDAJvM
Facebucks. https://t.co/qiLjLSomzK
— Bruno J. Navarro (@Bruno_J_Navarro) May 3, 2019
WOW ? “The company is considering tying the coin to Facebook's core ads engine, rewarding users for viewing ads and then purchasing goods, similar to how loyalty points rewards work.” https://t.co/zQCpjKpp2Q
— Woody Levin (@Woodrow1616) May 3, 2019
Facebook is recruiting financial firms, online merchants to help launch a cryptocurrency-based payments system. Its secretive plans involve the potential for users to be rewarded for their activity on the platform. https://t.co/uUZBpkjhtA #business
— John Calia (@JohnCalia) May 3, 2019
Driving conversations into more opaque Groups + Crypto. What can go wrong? @wsj: @facebook is recruiting financial firms, online merchants to help launch a cryptocurrency-based payments system https://t.co/MPliiYoUmp
— Raju Narisetti (@raju) May 2, 2019
Facebook has long held off making a big push into e-commerce, even though its platform is used for unorganized buying in places like Asia, so its blockchain project focusing on that is interesting: https://t.co/0wSYJ4jA7g
— Jon Russell (@jonrussell) May 3, 2019
WSJ: Facebook $FB set to launch its own cryptocurrency payment system https://t.co/V9UB2h9nTE#hodl pic.twitter.com/OSnkVcWrk5
— Jerry Robinson (FollowtheMoney.com) (@FTMDaily) May 3, 2019
Sooooo ... We can't trust #facebook with our sociographic info, but now we're going to trust them with currency?? Huh.#ConglomerateCapitalism
— Jennifer Briggs (@jkbriggs) May 2, 2019
Facebook Building Cryptocurrency-Based Payments System https://t.co/MhUq3CW1xM
The Western world answer to Alipay & WeChat.
— Eric Dadoun (@EDadoun) May 3, 2019
Great for financial digitisation and great for furthering the need for interoperability. Bring it on! #ProjectLibra #ILP https://t.co/8tidJD8uva
If Facebook is indeed aiming to eliminate credit card fees with its new crypto payment network, it raises the question of how it hopes to make money from the thing, especially if it comes alongside the company granting its users privacy and giving up surveillance revenue. https://t.co/2evAlEgYJK
— Nathaniel Popper (@nathanielpopper) May 2, 2019
Facebook understands the power of building a crypto asset with the proper incentives and value.
— Tulips de' Medici (@cryptodemedici) May 3, 2019
Facebook will lead the way in ecosystem architecture that crypto exchanges have been attempting to create.
https://t.co/U5N7hhqdIY
Facebook's crypto-based payment is called project Libra. https://t.co/Y33SDzTFHA Now, where have I heard of a cryptocurrency business named after a zodiac sign before? pic.twitter.com/VuW9JrTrgr
— Margi Murphy (@MargiMurphy) May 2, 2019
WSJ: Facebook Building Cryptocurrency-Based Payments System
— C3|Nik (@C3_Nik) May 3, 2019
From the creators of "we store passwords as plain text" ... ?https://t.co/iXrjY1eL9b#crypto #digitalassets #cryptocurrencies #FinTech pic.twitter.com/sERVPm9EZr
If this report is right, FB Coin will *not* be competing with Bitcoin.
— Nathaniel Whittemore (@nlw) May 3, 2019
It will compete w/:
1. Most: USDC, TrueUSD, etc (regulated stablecoins)
2. A bit: USD (ie. kids load accounts with extra-parent ZuckBucks)
3. A bonus: Google (leverage for ad wars ) https://t.co/E1fXbcvi6x
A scene from "Black Mirror":
— Bruno J. Navarro (@Bruno_J_Navarro) May 3, 2019
One idea under discussion is Facebook paying users fractions of a coin when they view ads, interact with other content or shop on its platform — not unlike loyalty points accrued at retailers, some of the people said.$FB https://t.co/qiLjLSomzK
I've been saying for years that crypto will captured by state & corporations because this community is not able to organize itself effectively with a political motive, instead kowtowing to regulators & power https://t.co/P9vPlbe6kN
— Amir Taaki (@Narodism) May 4, 2019
Facebook's Cryptocurrency Might Work Like Loyalty Pointshttps://t.co/kH22M4UNMH
— HighCrown (@HighCrownGroup) May 4, 2019
“If Facebook’s pivot from town square to private living room wasn’t laden with enough irony, here’s a new twist: Big business, it appears, has been invited to join us by the fireplace” https://t.co/LOiuo6WL6t
— Privasee (@privasee_app) May 4, 2019
In case you were wondering;
— KrāZé Mike╿₿ ⑇ (@TronMike83) May 4, 2019
-No it WILL NOT be a threat to 'real' #crypto
-No it won't be #Blockchain based
-Yes the FB #coin will be overvalued.
-Yes I am biased when I write #DeleteFacebook because like many, I am ready for Web 4.0 #TRON
-Yes #DYORhttps://t.co/aeKHFUbCfC
“I don’t believe they’re doing anything that isn’t in the service of increasing interactions on their platforms” our @joshgans on @facebook 's cryptocurrency plans via @WIRED https://t.co/mmHo1hXEBS
— Rotman School (@rotmanschool) May 4, 2019
”Facebook’s foray into blockchain could look a bit like a loyalty-points system—tokens that can be earned through and spent on Facebook services, or cashed out elsewhere though partner merchants” @wired have you heard of @bunzofficial? It already exists.https://t.co/NOvKph2Gbi
— Sascha Darius M. (@templecrash) May 4, 2019
Facebook's #Cryptocurrency
— Spiros Margaris (@SpirosMargaris) May 4, 2019
Might Work Like #LoyaltyPoints https://t.co/cLPYvcKYaN #fintech #blockchain @wired @GregoryJBarber #Crypto pic.twitter.com/tO8xSzlU03
Facebook understands the power of building a crypto asset with the proper incentives and value.
— Tulips de' Medici (@cryptodemedici) May 3, 2019
Facebook will lead the way in ecosystem architecture that crypto exchanges have been attempting to create.
https://t.co/U5N7hhqdIY
WOW!!! Deplatformable Money!
— Smaulgld (@Smaulgld) May 3, 2019
Facebook in Talks to Build Ecosystem for Planned Stablecoin: WSJ https://t.co/T3gKxcXr6G via @CoinDesk#Bitcoin #Litecoin #Ethereum
#MarkZuckerberg must have read the blue paper ?
— Kiyoshi (@CryptoKiyoshi) May 3, 2019
Facebook "has been working on the project for more than one year, with it centered around the company’s own digital coin that users could send to each other, as well as use to make online purchases."https://t.co/8NBn84Rsul
#Facebook meets with financial firms like Visa and Mastercard as it seeks investments for its own #cryptocurrency-based #payments: https://t.co/iHAtvfeoyj
— PYMNTS (@pymnts) May 3, 2019
With institutions clamoring to get exposure to crypto and sitting on piles of cash coupled with their general lack of knowledge/mistrust of traditional cryptos (Bitcoin et al.), I imagine $FB could fill out a billion dollar round in about 20 minutes.https://t.co/l2frQ1zGtf
— ฿ully (@BullyEsq) May 3, 2019
FBがステーブルコインの決済システムを構築。法定通貨にペッグしたステーブルコインをキャッシュリッチな企業が発行し、企業を越えた決済手段として流通させる流れか。通貨の発行主体が行政から民間に移り、通貨の流通範囲が企業を中心とした小さな経済圏に変化するhttps://t.co/oPtKMU0OtI
— Toshi Kaseda(加世田敏宏)@Zenport (@toshi_kaseda) May 4, 2019
Facebook is developing a fiat-backed stablecoin payment system https://t.co/BwrjLYXNkL
— TNW (@thenextweb) May 4, 2019
Facebook is developing a fiat-backed stablecoin payment system https://t.co/l1NzqwWD73
— TNW (@thenextweb) May 3, 2019
Facebook is developing a fiat-backed stablecoin payment system https://t.co/PYzCxrJbKl
— TNW (@thenextweb) May 3, 2019
Facebook Seeks Reported $1 Billion for FB Coin Amid Talks With Visa, MasterCard.
— Julien Bouteloup (@bneiluj) May 3, 2019
Question: What % of the crypto community will not invest in FB coin ? ?https://t.co/VeF2Jo6jl1 pic.twitter.com/e6U1cbHGMH
Check out. WSJ: Facebook Seeks Reported $1 Billion for FB Coin Amid Talks With Visa, MasterCard https://t.co/bNQgKWXSiu via @cointelegraph #tech #digital #data #business
— Kohei Kurihara Blockchain CMO (@kuriharan) May 4, 2019
According to the Wall Street Journal, Facebook is seeking investments worth $1 billion for its stablecoin and is talking to Visa and MasterCard about potential support.https://t.co/8cZ3ZvooyUhttps://t.co/Iowj5Mv3CG pic.twitter.com/qRcY4SBIU1
— ICO Drops (@ICODrops) May 3, 2019
Social media giant Facebook is seeking investments worth $1 billion for its rumored cryptocurrency stablecoin, the Wall Street Journal (WSJ) reported on May 3.https://t.co/1DnVWG5KIm
— Jarvis Edge (@Jarvis_Edge) May 3, 2019
???: ???????? ????? ???????? $? ??????? ??? ?? ???? ???? ????? ???? ????, ?????????? Facebook is also talking to e-commerce companieshttps://t.co/Xame1wmQkw
— ANT1 (@ANT159694954) May 3, 2019
More on @Facebook coin and @TimDraper https://t.co/sFTevJ5oD6 #tezos $xtz
— Luiz Milfont (@luizMilfont) May 3, 2019
WSJ: Facebook Seeks Reported $1 Billion for FB Coin Amid Talks With Visa, MasterCard https://t.co/yQu7yHxXS1 via @cointelegraph
— CKJ (@CKJCryptonews) May 3, 2019