Facebook Is Developing a Cryptocurrency for WhatsApp Transfers, Sources Say , could this be the Monster ETN deal!


#1

The first legitimate national cryptocurrency will be launched, linked to a fiat currency from a G-20 nation. This digital asset will be in high demand for combining the benefits of a digital asset with the stability of a government-backed currency. Mark Zuckerberg’s 2018 New Year’s resolution to “study cryptocurrencies” will result in one being integrated into Facebook for payments.

**The only question is whether they will use an existing cryptocurrency or a new one created by Facebook.” - Mitch Liu, [Theta Labs]

Facebook Inc. is working on making a cryptocurrency that will let users transfer money on its WhatsApp messaging app, focusing first on the remittances market in India, according to people familiar with the matter.

https://www.bloomberg.com/news/articles/2018-12-21/facebook-is-said-to-develop-stablecoin-for-whatsapp-transfers


#2

Not a bad article but I see no reference to Electroneum.
Thanks for posting.


#3

Any company but Facebook , I mean that would drive the price right up but Facebook , they have a history of accidentally losing people’s data and in crypto that ain’t a good idea …

Nice post tho … thanks


#4

Are you suggesting we should go to make deal with them to accept electroneum as payment option for whatsapp?
If so it’s would be great but then etn can survive without them


#5

Facebook has been forming a Blockchain division to create their crypto they already have 40 team members.


#6

The only block of chains facebook has ever created is a chain of privacy abuse and misleading advertisement. ETN should be be involved with these criminals!