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The only benefit I see is that it'll likely be an ERC20 token which means more gas payed to Ethereum (which is great). Also, it'll essentially be a fiat on-ramp
by magnamerc 7y ago
The only benefit I see is that it'll likely be an ERC20 token which means more gas payed to Ethereum (which is great). Also, it'll essentially be a fiat on-ramp for billions of people looking to get into real cryptocurrencies. Assuming they allow the token to be traded on crypto exchanges anyway.
- coolspot 7y agoI don’t think FB will use Ethereum or any other existing cryptocurrency. They would want full control and there is no reason not to run own blockchain. Also environmental impact of Ethereum mining is bad PR for Facebook.