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It puts their currency in the same semantic basket as Bitcoin and Ethereum. The effort to give these other currencies legitimacy also gives Facebook’s currency
by panic 7y ago
It puts their currency in the same semantic basket as Bitcoin and Ethereum. The effort to give these other currencies legitimacy also gives Facebook’s currency legitimacy; many people who support these other currencies will also support Facebook’s. If Facebook’s currency is attacked, it becomes (in some sense) an attack on all cryptocurrencies.
- arisAlexis 7y agocan't be further from the truth. Bitcoin,Ethereum supporters want decentralisation while FB coin is totally centralised
- ric2b 7y agoNo, because this goes against the principles of most of the community. It's why you didn't see anyone actually supporting Venezuela's Petro.
- elcomet 7y agoCome on, I'd say it gives the currency an aura of bullshit. Real currencies (USD, EUR, ..) are stored by visa / mastercard in regular databases, so why not facebook's currency ?