#Facebook lifted the ban on electronic money and rumours would buy back Coinbase

in facebook •  6 years ago 

Facebook recently removed most of its controversial moratorium up advertising electronic money, which made life more conjectures that "Giants" this technology is plotting something great in the segment of money.

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The reversed the ban which has been in force since May 01/2018 for advertising concerns have to be taken advantage to scam, and also the water was many people embrace the positive, even said this is a sign of excess official Facebook get the potential of Bitcoin along other electronic currencies.

_"The safety of our customers and market education should still be a priority, but a straight ban is a bad approach to the idea of the new left", _ CEO of Uk Iqbal Gandham eToro shares with The Independent. "These technology giants such as Facebook admit seeing the potential of the technology in the chemical revolution of Blockchain the financial system".

But perhaps the bigger thing at all is how Facebook's own ambitions in the field of money is expressed through the water to come on.

The signal

The previous month, the social network has the most number of users in the world to conduct a human resources have not yet been, leading to the establishment of a branch of research that Blockchain will only report directly to the Chief Technology Officer at Facebook is Mike Schroepfer.

The group is headed by David Marcus, former manager of the Messenger and Facebook applications are a member the Board Coinbase-trading the most popular electronic money of the United States.

The rumors about the possibility of Facebook are intended to buy back Coinbase had previously been raised by The Economist magazine, which had pointed out the lack of the names there is blood present really in the realm of money is why technology companies and startup are increasingly paying attention to this topic.

The experts identified business mergers will not only help increase the value and status of Facebook, which will also indirectly incorporation of electronic money market.

_"Would not be surprised if Facebook attempts to buy back Coinbase", _technology entrepreneur Oliver Isaacs comment. "But whether the CEO Coinbase Brian Armstrong and the team of flooring has to bear for new home or not is a different story."

Coinbase did not respond please be lu n at the time made posts, Mr. Armstrong was previously referring to ambitious capable of receiving electronic money to the 1 billion users.

Today we are somewhere around 10 million customers," he said in a clip of the ad Coinbase Islam March. "But we aim to reach 1 billion users are using electronic money daily on the whole world."

Facebook currently has more than 2 billion users, means any electronic money would do it introduced will be able to reach more audience than all the traditional monetary form to date. A bronze coin from Facebook will surely have a larger support community Bitcoin and 1,500 coins, whole numbers are available on the market now, and has a lot of potential to become a true monetary unit rather than a speculative tool.

Mark Zuckerberg says what?

Founder and CEO of Facebook Mark Zuckerberg earlier this year has posted one post post shared on the potential of a decentralized technology have other contacts.

One of the most interesting questions in today's technology world is about centralization and decentralization. with the rise of a handful of giant technology companies, many now believe that the technology only helps centralize power instead of allocating it to the community. Song also antagonistic trends are strange-as encrypted and electronic money-stripped power from the right and given it to everyone. "

Mark the end of the article with the word "commitmentexcitement want to be exploring" more deeply with the kind of technology on and find out how "to integrate them in the best way" to the Facebook platform.

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