RE: [Vlog] Facebook CEO Zuckerburg talks cryptocurrencies and decentralising power - should we take him seriously?

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[Vlog] Facebook CEO Zuckerburg talks cryptocurrencies and decentralising power - should we take him seriously?

in vlog •  7 years ago 

I've heard that he will be supporting litecoin on facebook and not bitcoin to undermine the Winklevoss twins.

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Why ally himself with any existing coin, his organization has the breadth and depth to come up with their own coin.

But do you think litecoin can really undermine the power and momentum of bitcoin? I think most of these cryptos rely heavily on the rallying power of bitcoin in the market

If facebook really did accept litecoin and not bitcoin that would send a strong market signal and expose it to more users as 1billion people use facebook. LTC went x50 last year bitcoin only x13 and it's loosing ground as it's too slow and expensive to move.