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Who is this "no one"? HN commenters living within bubble? Of course "companies realize" - this idea is a game changer, it could make them partially obsolete or
by pxtail 7y ago
Who is this "no one"? HN commenters living within bubble? Of course "companies realize" - this idea is a game changer, it could make them partially obsolete or quite heavily decrease profits.
On the other side of equation there are over 2 billions [0] of users, users who WILL GLADLY USE this cryptocurrency if/when it becomes available.
[0]https://www.statista.com/statistics/264810/number-of-monthly-active-facebook-users-worldwide/ https://www.statista.com/statistics/264810/number-of-monthly...
- adjkant 7y ago> Who is this "no one"? HN commenters living within bubble? The negative press cycle they got over the past year was quite public, not in a bubble. > On the other side of equation there are over 2 billions [0] of users, users who WILL GLADLY USE this cryptocurrency if/when it becomes available. In what world does a Facebook user = someone who wants crypto? Most people don't even know what it is, let alone trust it enough to put real money into it. Reminder, most Facebook users don't even have a payment method associated to their account because Facebook is free. That barrier alone is big. Then you have people that know crypto from last year and that it's a risky investment that doesn't make any sense and crashes. Again, what Facebook user thinks they need Libra?