1406, 2019
Facebook’s GlobalCoin is no threat to Bitcoin, but banks should worry
When Facebook finally confirmed that it will launch its own cryptocurrency, it was quickly labeled a potential ‘Bitcoin killer’ in the media. Taking a closer look, however, it is clear that Facebook’s new online payment system is an unlikely threat to the world’s leading decentralized digital currency. It’s a different story for banks, fintech and payment processors, however.
1303, 2019
Facebook’s likely blockchain first steps – decentralized log-ins and a stablecoin
Somewhere on Facebook’s sprawling Menlo Park campus, 50 elite employees are tucked away in a secret office with separate key-card access. Behind these closed doors, a mysterious project is ongoing — one that could have a seismic impact on the world of cryptocurrency.
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