[themagician]

Don't worry so much. You can stop shouting. This will lead to nothing because no one will use it.

Every attempt Facebook has made at commerce has failed miserably. No one trusts Facebook enough to purchase on Facebook, let alone use a Facebook currency.

Facebook, Snapchat, Twitter, et al. have all tried over and over again to get people to transact on their platform. Shop on Facebook, Buy on Twitter, Snapcash have all failed. Shopping on Instagram is a failure in progress.

All these companies want to feel like they are more influential than they are. They are really good at getting people to waste their time. Money, not so much.

[Lordarminius]

> This will lead to nothing because no one will use it. Every attempt Facebook has made at commerce has failed miserably. No one trusts Facebook enough to purchase on Facebook ...

I live in the "third world". People are not so discriminatory or probing about FB and friends as the west. In fact,(and regretfully), I daresay FB is viewed positively.

So don't be too sure.

[yumraj]

That is a very wrong way of looking at it.

It is the same as people deciding not to vote and then realizing that the wrong candidate had won with devastating consequences.

[jeromegv]

It’s not the same. The point, which is a valid point, is that this might never get traction because all their attempts at handling payment/transactions on behalf of other vendors on their platform has been nothing but failures. This isn’t far fetch to think that they are doing all this work and nobody will care to use it.