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Facebook already tried this, it was called Libra.
by 676234e117 4y ago
Facebook already tried this, it was called Libra.
- shreyshnaccount 4y agoexcept facebook doesn't already have something like gpay or apple pay that's widely used to integrate it with...
- 676234e117 4y agoNothing stops tech companies from building crypto wallets or services that hold custody over users funds, a lot of them are already doing that. Building a new blockchain where they fully control the network and its features is harder.
- shreyshnaccount 4y agolook at atm cards. thaeres like 4 major players globally, controlling everything. I'm not talking about big tech building crypto wallets, I'm talking about them building features similar to what blockchains can do- fake DAOs, fake NFTs etc. the point I'm trying to make is that the end result of all these features doesn't inherently need a blockchain if a major player wants to build them