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Facebook will make this work simply because of the number of users and its world reach. It will be successful even if it only becomes a medium of sending money
by WheelsAtLarge 7y ago
Facebook will make this work simply because of the number of users and its world reach. It will be successful even if it only becomes a medium of sending money between countries
but there are so many ways to expand it and earn a small commission for Facebook so it won't stop at just money transfers.
I predict that Amazon will have to release its own currency to guard against Facebook becoming a middle man for e-commerce and becoming a threat to its business. It's only a matter of time.
- skinnymuch 7y agoHN and other online places are guilty for calling all sorts of investments ludicrous. But Instagram along with Priceline buying Booking.com, Naspers buyjg 1/3 of Tencent, and to a smaller degree Yahoo (though they stupidly sold a lot of the stake far too early) and SoftBank investments into Alibaba are the best tech investments possibly of all time. And some of the best investments overall too.