/biz/ - Business & Finance

>Pegged to US Dollar
Gaaaay

Eww. No.

> kike

>>12893082

so a centralized stablecoin? who cares? unless you can trustlessly sell real crypto (btc/eth) for it, and then use it to buy things without having to give anybody your SSN/ID, sure, sounds like it would bring utility to btc/eth. otherwise it's pointless.

Pegged to three coins - probably USD, EUR & JPY. I smell arbitrage opportunities coming

Stablecoin that steals and sells your information? No thanks.

>>12893082
Onions goys will cuck themselves for more normie coins. Literally just another way for big data to steal you information.

WhatsApp has 1.5 billion users.

>it will be traded on exchanges

This is literally going to kick off the next crypto bullrun. I'm loading up on as much of the Zuckcoin as possible upon release. There will 100% be short term gains, more than likely fat long long term gains.

When binance sir?

he is afraid
soon the Winklevoss will be able to buy facebook with their pocket change
not that they will, lol, imagine having a myspace clone full of boomers and thinking it's gonna last

>>12894039
it will be a stable coin ! a means to send money to thots for showing you vagie and boobs

HOW ARE YOU GOING TO GET GAINS ON A STABLECOIN FAGGOTS?

>>12893082
Just proves any company and any government can create a version of Bitcoin. Just like Charlie Lee did with Litecoin.

>>12893082
FBCoin -> BTC trading = mass adoption fiat gateway
newfags don't realize fiat gateways are the biggest hurdle to adoption

>>12894738
it is only a valid option if you have wallets and keys
what facebook is doing it is, just creating a tipping mechanism that you will pay for with your phone bill

>>12893082
All these companies releasing "stable coins" is reminiscent companies like Sears and shit making websites.

Sure, they're technically "using" the technology, and there are some benefits from using a stablecoin, but they're not using crypto to its full potential.

They're not going to get all the advantages of using it in a better way, because for x reasons they literally cannot change the way their company is run to include true cryptocurrencies. This is why companies like Sears died and companies like Amazon could build build build, because Amazon was on track to use the technology to its full potential, while massive dinosaurs like Sears couldn't possibly pivot and use the technology in a meaningful way.

I think we all need to keep an eye out for cryptocurrencies/companies that are basically starting out right now that have the potential to use crypto to its full potential and aren't just faking it.

>>12893082
NSAbook.
CIAbook
(((Their)))book
SJWbook
Alexandria Ocasio-Cortezbook

>>12894752
As long as you can send it to an exchange and buy BTC, it'll open the floodgates for small-time investors. FB is unironically trying to overtake Coinbase by allowing credit-card buys through Messanger

>>12893082
>stablecoin in all fields

>>12894875
based

>>12894907
>unironically
why do you stupid assholes say this word to no end? you clearly don't understand its meaning.

>>12894952
it's a meme you dip

>>12894952
Normie, pls! get out nou!!!!

Not a BAT bagholder but they literally just needed to steal that incentive model. Who wants a gay Facebook stablecoin?

>>12894952
Also get the fuck out of here, what’s wrong with you nigger?

winklevoss should sue the shit out of this plagiarized gemini dollar clone

Could be yuge

>>12895159
That's the thing, these companies cannot pivot to introduce the BAT model. It would go against their fiduciary duty to shareholders, there would be lawsuits, and let's face it, there's no way the Board of Directors would ever approve of Brave/BAT's model.

Brave can bring forward this new model because it owes nothing to nobody. It's essentially VC/crowd-funded. Brave will take its time with its model and make a long-term play on the advertising market.

It may get adopted mainstream, it may not. But I think there is little to zero chance an established company like Facebook or Google could EVER make the same play that Brave is making with regard to cryptocurrency use and advertising/online spending.

Brave/BAT have first-mover advantage.

Imagine some other companies are scared, like western union, PayPal, etc, maybe including some of the weaker foreign governments

>>12895648

first mover advantage ??

The fuck is that, something you read about in bizness 4 dummies?

Mark is going to run a train on you

>>12895653
small/weak governments would be wasting their time to be afraid of crypto. they are afraid of other governments. the largest and strongest governments should fear bitcoin in its current state, if they're not retarded

>>12895658
Yeah retard, I'm running scared of all the Grandma's that still use Facebook using "FacebookCoin™"

Where the fuck have you been? Is your third world country stuck in 2005 where people are still using Facebook and WhatsApp?

>>12895674
Mark's coin is going to back FBC with forerun currencies, that means it could threaten conventional banks

>>12895679
Brave users 10M

Facebook users 1.7B, WhatsApp users, 1B, Instagram users, 110M

How does BAT have 1st mover??

i literally deleted my facebook account an hour ago