Facebook is making its own digital currency and could become the largest bank in the world. Here’s why…
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Facebook’s move is clearly to counter the threat from up and coming messenging rivals Telegram and Signal. NYT said that the Facebook secret effort to build its own cryptocurrency “started last year after Telegram raised an eye-popping $1.7 billion to fund its cryptocurrency project”.
https://medium.com/@lancengym/facebook-plans-to-become-worlds-biggest-central-bank-7d99d967b73c
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