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13506755 No.13506755 [Reply] [Original]

https://www.theblockcrypto.com/tiny/project-libra-facebook-to-launch-stablecoin-based-payments-network/

"The company is considering tying the coin to Facebook's core ads engine, rewarding users for viewing ads and then purchasing goods, similar to how loyalty points rewards work."

HAHAHAHAHAHAHA.

>B-but muh Brave adoption

>> No.13506765

>>13506755
lmao. btfo.

>> No.13506902

>>13506755
NO NO NO NO!

>> No.13506912

>>13506755
>plot twist
What if they instead use bat token instead of creating their own token.

>> No.13506915

>stablecoin
so it's useless as an investment

>> No.13507018
File: 39 KB, 600x664, 507.jpg [View same] [iqdb] [saucenao] [google]
13507018

>>13506755
>brave blocks FB coin ads
>replaces them with BAT ads
>BAT continues to grow and displace other advertising
Sounds good to me desu

>> No.13507068

>>13506755
>nobody will ever watch ads for pennies

>facebook will allow you to watch ads for pennies. BAT is finished

if anything this validates the idea of BAT you mong. It would probably take two years to even get this off the ground.

>> No.13507081

>>13506912
Cope.

>> No.13507088

>>13507018
BAT and Brave are a grain of sand on a beach that is FB. Literally no one will care about BAT. Even BATards are bored of ads and it's been a week. Kek.

>> No.13507107
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13507107

Sounds interesting.

>> No.13507111

>>13507068
>Imagine being this dumb

Brave by design is downloaded to avoid ads. FB is normie central and they don't know the difference between ads or not...or they don't care. It will be 1000 times easier to cash out too. Just watch.

>It would probably take two years to even get this off the ground.

HAHAHAHAHAHAHA. FB can launch this in 2 months if they wanted to. They probably have 100x developer power that BAT has.

>> No.13507116

>>13507088
you contradicted yourself in two sentences

top kek you literal brainlet

>> No.13507130

>>13506755
How do we profit from this?

>> No.13507139

>>13507107
This is a BAT BTFO thread. LINK may or may not be tied into Zuck coin somehow but it won't matter if it is or not. There's a million other use cases. BAT is utterly wrecked after something like this. Since no one knows what BAT is, even though it's first to this idea, it will look like FB is to normies. Even if Brave catches on, no one will care to mess with it because they will already be enamored with ZuckBucks.

>> No.13507144

>>13506755
You don't understand what bat is about

>> No.13507147

>>13507116
Nah. The difference is that FB ads are fed to normies WITHOUT them jumping through hoops to see them. You literally have to turn on ads in Brave. Won't even be close. The exposure that FB ads get over Brave ads is probably 1000x.

>> No.13507149

>>13507130
Short BAT.

>> No.13507162

>>13507111
>imagine being this dumb

I dont think you have any idea how any of this works. Explain to me how facebook is going to gut their ad suite to add an experimental ad system without hurting their legacy advertisers or users?

top fukn kek thinking that all they have to do is add a few lines of code.

https://www.theguardian.com/technology/2018/feb/13/snapchat-update-redesign-users-sign-petition-undo-new-change-back

yeah im sure there wont be any pushback

>> No.13507173

>>13507144
Please enlighten me. Most normies ONLY use FB and barely even Chrome for web searches let alone finding a literal privacy browser with ads (not even natively turned on). BATs already uphill climb just got steeper.

>> No.13507195

>>13506755
sounds like they're creating a Kroger's Rewards Club points system. No threat here pajeet.

>> No.13507203

>>13507162
I'm afraid you sir don't understand how this works. They drive the ship and can do whatever the fuck they want. You don't understand how big and powerful they are.

This update happened and they lost less than 2% of their users and they couldn't give a shit less.

https://www.theverge.com/2018/8/7/17661878/snapchat-earnings-q2-2018-results-redesign

ZuckBucks is happening wether people want or not because it's about control and they can afford to lose millions of users when they have over a billion.

>> No.13507205

>>13507195
Funny. That's exactly what BAT is just with 1000x less people.

>> No.13507208

>>13507149
I don't like shorting, anything else?

>> No.13507213
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13507213

So this is the FUD that will take us to the low .40s

>> No.13507235

>>13507213
>Be BAT
>Added to Coinbase at $.35.
>Ads launch months later
>BATards in euphoria
>Currently $.38

Slow bleed back under $.20 is coming when people stop caring about literal advertising on a privacy browser.

>> No.13507241

>>13507235
It will occasionally get pumped and dumped though because the liquidity is good.

>> No.13507250

>>13507208
Wait and see what other details come out about FB coin. It will be the underlying tech "on the sides" of their coin that will be worth watching. Possibly some sort of interoperability.

>> No.13507256

>>13506755
Wow who could have seen this coming.... oh that's right, everyone.

>> No.13507258

>>13507205
not at all. they're making a "stable coin" there's literally 0 incentive to hold zuckbucks. they'll never appreciate in value.

>> No.13507260

>>13507235
>12 posts by this id

peak autism

who gives enough of a fuck to make a fud thread like this and vehemently defends their position? Not even sure what your sperg motive is. You either work for google or facebook or you are worried that BAT is going to steal the attention from your shitcoin.

>> No.13507267
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13507267

>>13507235
>fiat
>stablecoin
>FB
Shut up u egg and get out Zucks hole

>> No.13507276

>>13507260
i'd argue the latter anon. there's no way OP is employed.

>> No.13507283

>>13507256
yeah we're all thrilled you've started bleaching your anus. save it for your pastor, freak.

>> No.13507285

>>13507258
>similar to how loyalty points rewards work
(((they))) will make you spend the bucks you "earn" with the retailers they have just given the bucks from
so to ensure their advertisers don't really lose out

>> No.13507288

>>13506755
Facebook is attaching a shit coin to its centralized ecosystem and brave is trying to build a system that puts content creators and users first. Yeah brave totally btfo, you shills have no fuckin vision and thats why you are poorfags.

>> No.13507289

>>13507258
>its facebook, but on the blockchain, so hand over all of your data and buy things all over the web with our zukbucks. your data is safe with us.

>> No.13507291

>>13507258
BAT is a high velocity shit coin with no reason to hold it either. Literally the best part of its tokenomics is that people will earn some and then loose it or forget about it in wallets. This won't effect it's price at all though, because it's not measurable.

>> No.13507294
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13507294

>>13506755
>Farmer starts growing oranges
>ORANGETARDS BTFO GET YOUR FUCKING COLOR FRUIT OUT OF YOUR ASS YOU DICK NIGGERS

>BAT BTFO
yeah I'll just buy both, the idea is clearly smart if FB wants to do it also.

>> No.13507303

>>13507260
Much like other shit coins like XRP, they take away mind share and funding from legit projects like ETH.

>> No.13507306
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13507306

>>13507294

>> No.13507310

>>13507276
You're right. I'm retired from the 2017 bullrun.

Dumb ideas must be exposed. BAT is dumb.

>> No.13507315

>>13507288
this.

just lol at shoehorning facebook coin into facebook

>> No.13507322

>>13507288
BATards suffer from this utopia where they think normies actually care about decentralization and their own data being sold enough to change their daily habits. That's easily 10 years away.

>> No.13507328

>>13507310
What is a smart buy? Share your wisdom, maybe BAT/bros/ will be more open to the criticism.
How can I profit from a facebook stablecoin? Buy facebook stock?

>> No.13507338

>>13507303
BAT props up ETH you retard. The whole point of ethereum is to run Dapps and you are shitting on the first "killer Dapp"

>> No.13507343

>>13507294
Unlike any other asset class in the world, crypto coins and their use cases can be eaten alive by bigger fish. BAT is a minnow. Facebook is a megalodon. Both fish. See how one is more important than the other?

>> No.13507348

>>13507315
its 100% this. but do you guys pay attention?

marketplace was shoehorned in, and it ate up a shitload of ebay/gumtree sales

stories was shoehorned into insta after snap did it

they have a ridiculously large normie userbase, they can shoe horn whatever the fuck they want in and have 2 billion potential sheep to eat it up

>> No.13507350

>>13507343
Mom look i made another post again!!

>> No.13507351

>>13507343
ah yes and facebook owns every form of media on the internet
FB is one of the whales yes, but there are 90 species of whales

>> No.13507354
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13507354

>>13507285
very possible. Unrelated but I installed Brave on my laptop roughly 6 hours ago and i've already made 1 BAT. Pic related.

>> No.13507366

>>13507348
the difference is that those things are not blockchain based rube goldberg machines

>> No.13507374

>>13507328
>How can I profit from a facebook stablecoin? Buy facebook stock?

There's not enough information yet to act on anything based on what we know. But you have to see that a competing Goliath like FB in this instance is not good for BAT. It will completely trivialize BAT by taking mind share. Normies will not be signing up for every single companies shitcoin. ZuckBucks will be SO easy compared to utilizing BAT. Especially because it's a stable coin.

>Normies will earn BAT
>"This is cool. I have $5."
>Checks back a week later.
>"Huh. Only $3.75 now".
>Rage quit.
>"This shit is a scam. I watched all those ads for nothing"

>> No.13507379

>>13507310
it's clearly a smart idea if Facebook is trying to ape it with their stable coin system.

>> No.13507383
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13507383

>>13507322
>that's 10 years away
Perfect.
Look at early facebook's user growth. Users currently number 2.6Bn+
Chrome had a similar trajectory. Currently standing at 2Bn users downloads.
Brave has 24m downloads.

>> No.13507386

>>13507338
It only props up ETH if people like it. It can just as easily reflect badly on Ethereum. BATs currently a centralized price of shit as it is.

>> No.13507388

>>13507322
Its called investing in the future, BAT may not be the solution the sees mass adoption but id rather put money down investing in a system that values the consumer and hands the user and content creators control then the centralized data mining abortions that we currently have with google and facebook.

Crypto and the blockchain is trying to liberate us from centralized control and you are shitting on it because muh normies. My 73 year old dad understands the potential of crypto better than you. Pathetic.

>> No.13507391

>>13507366
its the same way jew bankers make people pay yearly fees for cards with points,
or supermarket chains have you buying petrol at their partner servos for a 4c/L discount (on fuel that is inflated 4c/L)
supermarket, airline, coffee shop (((loyalty))) through rewards cards
normies dont give a shit if its blockchain, or if its been shoehorned in, its fb loyalty zuckbucks i can spend on shit for my time browsing....hey i might just browse a little more to earn a few more

>> No.13507398

>>13507388
BAT is literally centralized you fucking idiot. Until it's decentralized you can't say shit. XRP "became" decentralized too. Kek.

>> No.13507404

>>13507379
Correct. As a stable coin. And with a 2 billion person user base already just sitting their with their dick in their hands.

>> No.13507406

seriously, why were people on here saying they weren't making anything on Brave a few days ago? Up to 1.05 BAT since my last post.

>> No.13507415

>>13507383
This is assuming literally no other platform assumes these ethos within that time period...which most will...and they'll already have user vases.

Braves 24m downloads is literally nothing. FB ads 500,000 people A DAY.

>> No.13507438

>>13507406
This is the problem with BAT. BAT users actively try to earn it with no inclination to interact with the ads. So you've earned BAT? Cool. Now what? Keep ads running for the next year to earn maybe $100 after literally 1000s of ads?

I've seen such an idea.
>Let's build a community around advertising
People fucking hate ads. Kek.

>> No.13507442

>>13507415
Have you ever even used facebook ads? Are you aware they count a 2 second video pre-roll as an impression? What advertiser is going to want to pay even more for an impression that nobody pays attention too?

What type of ad unit is facebook going to use that people wont just scroll past? How will they incorporate that into their feed? How will these ads benefit advertisers if people just go to facebook to scroll through memes all day while they are taking a shit?

>> No.13507464

>>13507398
Faggot look at it within the realm of advertising, its taking power away from data mining centralized operations like google and facebook and empowering content creators and end users. How the fuck is that not a decentralizing force in the current landscape? Because you arent mining it and theres a centralized issuer? Grow the fuck up.

Right now you are paying to view ads you dont want through time and bandwidth and getting malware to boot. Look at the bigger picture.

>> No.13507470

>>13507438
from what i'm seeing, you're paid the moment the notice pops up. all in page advertising is being blocked. The ads so far are related to my interests vs the thousands of ads for foot cream i get fed on a daily basis otherwise. so far, the ads the browser is presenting are completely unobtrusive.

I'm not really planning to hoard these. As soon as a system is in place for me to spend them on shit, I'll most likely do that. Donate some to a couple youtube channels I watch. That kinda shit.

>> No.13507477
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13507477

>>13506915

He thinks his chuckycheese tokens are "investment"

good goy

>> No.13507671

>>13507442
All good questions. I'd imagine FB has accounted for all of this. Time will tell.

>> No.13507688

>>13507470
This is good and I think you represent how the average BAT user will approach everything. Now... knowing all this...does it sound like BAT is a good investment? The answer would be no. Could it catch on? Is the idea behind it slightly new? Sure. But I just feel bad for anons sinking serious money into a token with such shitty metrics as an investment.

>> No.13508159

>>13507291
>locked up in your browser wallet for a month
>high velocity
are you retarded