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Let me be blunt: Facebook running its own cryptocurrency would be a fking nightmare.Permalink On twitter.com
♻️ 8 Retweets
❤️ 27 Favorites
Mood 0
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Like a galactic level shitshow nightmare with literally none of the benefits of cryptocurrency (as theoretical as they are) and totally outside of government regulation. It would mean the worst of all possible worlds all in the palm of your hand.Permalink On twitter.com
❤️ 8 Favorites
Mood +1 🙂
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Secure transactions reliably invisible to authority: nope Transaction fees bypassed: nope Literally every international law regarding transactions, fraud, security or criminal actions: hell to the nope.Permalink On twitter.com
♻️ 1 Retweets
❤️ 3 Favorites
Mood -6 🙁
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It is so predictably going to make everything that is wrong because of Facebook and inside of Facebook exponentially worse. Thus I am 99% sure they're going to do it.Permalink On twitter.com
♻️ 1 Retweets
❤️ 9 Favorites
Mood -5 🙁
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Just imagine the political ads purchased using cryptocurrency. Like... just that, alone, is a horror show that will dump an immense rain of shit down on them. That's not even getting into who inevitably gets paid in FB cryptocurrency. Will it prob be Nazis? It will prob be Nazis!Permalink On twitter.com
♻️ 1 Retweets
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Mood -5 🙁
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I'm sure they have 100 blockchain experts. Do they have anyone who tells them how criminal money laundering works? I'd bet none, but who knows, perhaps 1?On twitter.com
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Mood -3 🙁
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Permalink On twitter.com
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Mood 0