Facebook might launch its cryptocurrency this month

[Jamie McKane]

Facebook might launch its cryptocurrency this month

Facebook could launch its new cryptocurrency later in June, The Information reports.

Sources told The Information that Facebook has approached a number of financial institutions and tech companies to join a foundation which will contribute capital to the project and help to manage the digital currency.

 

[Thor]

Pomp daai coin

 

[Happy Days]

Give us your real currency and we will give you our fake currency that only we can create ie. fiat currency. Let me paraphrase Wiki

Fiat money does not have use value, and has value only because a government Facebook maintains its value, or because parties engaging in exchange agree on its value

 

[konfab]

Facebook copying Telegram (again).

 

[_TrXtR_]

Facebook copying Telegram (again).

Or or they copying apple by copying good idea's from other companies?

 

[Death_By_Ebola]

Roll up, roll up, get your ZuckerBucks heeeere

 

[Swa]

Don't want a worthless coin. The fact that only Fakebook controls it and sets the price at equal to the Dollar makes it even less than worthless.