What Everyone Should Know About Facebook's Foray Into Cryptocurrency - News Summed Up

What Everyone Should Know About Facebook's Foray Into Cryptocurrency


GettyEven though the company continues to perform well financially, the past few years have undoubtedly been the roughest in Facebook’s history. GlobalCoin Will Be Very Different from BitcoinAlthough GlobalCoin is being called a cryptocurrency it will bear very few similarities to bitcoin. Based on the information that we have today, Facebook’s variant will differ from it in at least two significant ways. GlobalCoin Is Reuniting Mark Zuckerberg with the Winklevoss TwinsApparently, time heals all wounds. This is not to suggest that Mark Zuckerberg is being disingenuous in his paeans to privacy, just that the public will be skeptical about it at the outset.


Source: Forbes June 05, 2019 11:48 UTC



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