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Spencer Bogart, a blockchain capital partner, a cryptocurrency VC, predicted that when Facebook’s own cryptocurrency appeared, the number of cryptocurrency users would increase by two to three times.
He pointed out that Facebook Coin will be an important step in spreading cryptocurrency to the general public, even if it is not a stablecoin or any other type of cryptocurrency. When it comes to holding a Facebook coin, he said it would feel like being on the Internet, and that people might break the prejudice so far and start holding bitcoins. Some say they will do this, adding that the spread of Facebook coins will be a big opportunity in this regard.
He also predicted that Facebook would play a role in light of the pants of major US fintech companies and financial institutions. It is said that every company that has maintained a cautious wait and see tax until now will actively take action, starting with Facebook.
It was reported on the 3rd that Facebook has acquired the trademark registration rights for Project Libra for a cryptocurrency project. In addition, there have been reports that Facebook cryptocurrency is a stable coin that works with legal currency and can be used not only for remittance but also for purchasing products on the Internet. Related information can be found here .
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