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by sine 2959 days ago
Why would anyone want to use a cryptocoin though a service like facebook?

Venmo / ZuckBucks / Paypal / Patron all are much simpler and more efficent for payments. Plus you don't have to buy the cryptocoins from someone who generated nearly for free and then and then jacked up the price, with Venmo etc it's instant and hassle free.

It never ceases to amaze me to see Bitcoin / Ethereum users try to come up with what-if services in an effort to trick others into thinking the database token is worth anything to other people.

2 comments

If you look at what WeChat has achieved, I can see the appeal (from your average user POV) of having only one app for everything. So a Facecoin would make lot of sense.
"Why would anyone want to use a cryptocoin though a service like facebook?"

How much would you bet against Facebook attempting to link Bitcoin/BitcoinCash/Etherium wallet addresses to individuals and tracking cryptocurrency transactions as part of your marketing profile?

Eagerly awaiting reports of individually targeted Facebook ads along the lines of "3 of your friends bought items from these Benzo and Ketamine dealers on the dark web! Use coupon code #HeyNSA! for a 25% discount on your next order over $250 at their SilkRoad or Agora stores!"