Facebook in talks with Stellar

jamie

Could be the reason why Stellar is one of the few coins holding up today?

Original article: https://www.businessinsider.com/facebook-is-talking-to-cryptocurrency-stellar-about-making-a-big-move-into-crypto-2018-7?IR=T

Non paywall version: www.outline.com/https://www.businessinsider.com/facebook-is-talking-to-cryptocurrency-stellar-about-making-a-big-move-into-crypto-2018-7?IR=T

Oren_PAKET

Maybe not:

“We are not engaged in any discussions with Stellar, and we are not considering building on their technology,” a Facebook spokesperson told Cheddar.

https://cheddar.com/videos/facebook-denies-partnership-with-crypto-firm-stellar

I'm sure some are sighing in relief(?)

edbaton

I;m not sure if I'm in the right discussion group for my question, however, here go's. Looking at the historical data and the predicted forecast for Lumens (XLM) I don't see where Stellar is a good investment when it's predicting the price for XLM's will only be 0.65 in the year 2026. I'm i missing something? I've been reading about Stellar Lumens and believe it one of the best networks I've been reading about, but the price predictions scare the hick out of me as an investment... Any ideals.

Another though I had is the "Airdrops". Why can't Stellar use part of those Airdrops as interest for all XLM account holders? Has anyone read about any other coin paying interest on account? The banks pay interest on deposit and have been forever... Just a thought, it would bring lots to the network if that were to happen...

VladEx

I have found an information that Stellar will hit about $10 in the year 2025. There are different predictions, nobody can forecast a future price, but it doesnt mean that XLM is not a good investment. Guys from Stellar continue to develop the project and don't think to stop doing it and this is the main point I believe

bitcoingold1234

I think every platform will consider engaging its own cryptocurrency soon, without the partnership with other platforms

Chameleon

Looks like Facebook literally intends to seize the crypto world :grinning:

VladEx

Oh no, I hope they won't be able to seize the crypto world.

Chameleon

Don't you like Facebook? :)

VladEx

I don't like when someone seize the world. But seriously, I do not like monopolists. One company cannot dictate terms in the crypto market

Chameleon

Sure, monopoly brings nothing but problems

Chameleon

If I'm not mistaking they are aiming at a new design - finally they decided to catch up with progress cause I always went nuts with its interface

pajaro

Why didn't you like their interface?

Chameleon

Is this question to me? :) Do you mean facebook?

pajaro

Yep! This is my question)

Chameleon

I don't know - it does not seem user friendly to me and it's out-of-date

pajaro

Okay, got you. Interesting..

MilkyWay

You may be right that monopoly in the crypto sphere is inappropriate, but in other spheres (not all of them) monopoly is the best option

VladEx

What kind of monopoly, for example?

Chameleon

Wow, ahaha what spheres are they?

MilkyWay

Only successful firms may become monopolies. It means that they proved to be efficient and dynamic. For example, Google is considered to be the best firm for search engines. I don't think it can be a disadvantage of monopolies