3 ms·

At a 30% cut, I find that hard to believe.

• rwhitman 16y ago
  Good point, but keep in mind they have 500M+ users. Almost everyone willing to buy into virtual currency is already on Facebook
  • jonknee 16y ago
    What does having a Facebook account have to do with being willing to use a virtual currency? I'm willing to use virtual currency and have a Facebook account, but I'll never use Facebook's credit system. I don't want Facebook to know what I'm buying.
    • rwhitman 16y ago
      Why not? People already trust FB with all their intimate details and relationships. I don't trust them either, but I'm pretty sure plenty of other people would. Of 500M+ users even if a tiny fraction adopted it, it would become a huge deal. I don't know what the stats are for virtual currency adoption rates, but even the most widely adopted currency probably wouldn't match what the entire Facebook ecosystem would bring in
  • rmc 16y ago
    How many users do Mastercard or Visa have?
    • slantyyz 16y ago
      Heck, how are people even going to be paying for Facebook credits in the first place? Why bother with the middleman, right?