Facebook developing a cryptocurrency for WhatsApp payments

[Bradley Prior]

Facebook developing a cryptocurrency for WhatsApp payments

The New York Times reports that Facebook is releasing a cryptocurrency for WhatsApp users.

The digital coin will reportedly allow WhatsApp users to send money to their friends and family across local and international borders.

 

[CamiKaze]

Interesting.

 

[justmaimane]

MXit messed up BIG TIME... This is just moola on a blockchain

 

[Lew Skannen]

This may well be something to get on board very early on.

 

[sajunky]

Whatsapp is dead.

 

[FiestaST]

Lol

 

[saor]

Interesting.

Wonder if there's gonna be country-specific limits or a global limit or any limits, I'm sure they won't allow huge amounts to be sent. Wonder if they'll need fica requirements at some point? Be a nice way for whatsapp to harvest loads of user details. Interesting to see how this plays out.