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I don't think the European Union regulatory bodies would have allowed Facebook/Meta to integrate stuff like payments and, as such, to "become PayPal in the proc

I don't think the European Union regulatory bodies would have allowed Facebook/Meta to integrate stuff like payments and, as such, to "become PayPal in the process". Maybe if that all had happened before 2015-2016, but in today's political and business climate I see no way for that being allowed to happen.

manquer 4y ago
Don’t have to launch in Europe . Payments aren’t like other SaaS apps launching in every country is lot of paperwork and apps will choose to work in only some geographies . Also WhatsApp does integrate payments in some geographies so it is not like FB wasn’t already having a step there . FB is just chasing fads, few years back it was libre coin at the peak of crypto interest . They will keep throwing stuff to see what sticks until they run out of money