Is Facebook the future of crypto?

All CoinCentral Reviews. The popular social media platform, Facebook, continues to raise eyebrows amongst those in the crypto community. Facebook is the world’s largest social media platform with over one billion registered users. And many analysts see a crypto Facebook as an essential step towards large-scale adoption.

What is Facebook's Libra cryptocurrency?

Facebook originally had big plans for its crypto project. The company created a consortium of companies called the Libra Association. Together, they were supposed to launch the Libra cryptocurrency, a brand new currency tied to a basket of fiat currencies and securities.

Is a crypto Facebook the key to a decentralized economy?

Facebook is the world’s largest social media platform with over one billion registered users. And many analysts see a crypto Facebook as an essential step towards large-scale adoption. The platform exercises extreme influence in the digital sector, and their global network could prove to be an essential addition to the decentralized economy.

Will Facebook's cryptocurrency-based payment system really boost financial inclusion?

- IEEE Spectrum Facebook is on the cusp of launching an ambitious new cryptocurrency-based payment system that it says will boost financial inclusion and slash transaction fees. But experts have questioned whether the technology will really achieve those goals.