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Ok, now this would be kind of wild. Is there any real substance to this acquisition rumor? It's one thing for Facebook to want that easy money from the adverts,
by chadmeister 8y ago
Ok, now this would be kind of wild. Is there any real substance to this acquisition rumor? It's one thing for Facebook to want that easy money from the adverts, but it's a whole different ball game to want to get into the crypto space like this. Why wouldn't they just roll out their own crypto?
- protonimitate 8y agoI think FB is more interested in the exchange than the coin itself.
- jgh 8y agobecause Coinbase is one of the largest and what would Facebook do if they couldn't own everything everywhere?
- handbanana 8y agoCoinbase isn’t a crypto currency
- NathanCH 8y agoCoinbase invented Bitcoin yesterday
- notahacker 8y agoDifficult to imagine Facebook shilling crypto (as opposed to its advertisers shilling crypto, which it can profit from without taking responsibility for) ending up in anything other than tears and class action lawsuits...
- vasilipupkin 8y agothere is no substance to this rumor. that is all.
- ALurchyBeast 8y agoI wonder if this is Zuckerberg's way of saying "fuck you" to Winklevoss twins/Gemini.
- lexs 8y agoCoinbase is basically the entry point into a lot of cryptocurrencies as it has easy fiat to crypto exchange. When you have this information you can deanonymise most activity on most blockchains. This might go into tinfoil hat territory but it might be a reason Coinbase is of interest to Facebook
- josephagoss 8y ago> Why wouldn't they just roll out their own crypto? Roll your own crypto is playing the game. Running an exchange is being the house. The house always wins.
- joering2 8y ago> Why wouldn't they just roll out their own crypto? Because in the times of gold-rush, you don't look for a gold. You setup your online store to sell axes :)
- lovetrump 8y agoI wonder if they will get into the mining hardware space...