You are viewing a single comment's thread from:
RE: Will Tech Giants (Google, Facebook etc) Create Their Own Cryptocurrencies? ft Cedric Dahl
Thanks for this enlightenment, Facebooks business model is built on an entirely different structure, same goes for all these other multinationals like Apple etc, which leaves no room for adoption of cryptocurrencies, however, they might come up under a different name, if at all
Indeed. I believe unless they completely change there entire business model it will be impossible to integrate Crypto successfully. FB is acting just like the banks. We like blockchain just not Bitcoin or the Crypto currency. As veterans already know in this space you can't have a blockchain without the Crypto. What makes the blockchain so powerful is the open accessible nature of it. Crypto is for everyone not like the legacy closed and controlled financial systems we have today.
At this moment, Bloomberg has launched a cryptocurrency index in conjunction with Galaxy Digital Capital Management, a digital assets merchant bank headed by billionaire ex-hedge fund manager Michael Novogratz.
I might be wrong but this has the probability to lead the trend of these other multinationals adopting their own crypto as well
You can check here for more info
https://www.coindesk.com/bloomberg-partners-with-novogratz-to-launch-crypto-index/