Nouriel Roubini aka “Dr. Doom” has spoken again, and this time around not on the prediction of the financial crash like in 2007 and 2008, but rather to attacks Facebook`s “GlobalCoin.”
Founder of Zilliqa confirmed that they are looking for more partnerships in order to widen their network and become a worthy competitor to the likes as Visa or Mastercard. They recently went into a partnership with Mindshare, a 30 billion turnover group, with whom they are working on an end-to-end reconciliation platform for the digital advertising industry.
Bitcoin achieved a new milestone on Sunday with its price smashing past $9000 levels. Other metrics suggest a strong buildup of the Bitcoin technicals and fundamentals.
Facebook’s Study App targets Indian and US users to determine their browsing behavior but it could be a preparation for the launch of its GlobalCoin set to also start in India.
A Wyoming Blockchain regulator and so-called “crypto-mom” Caitlin Long has made some predictions on the upcoming Facebook’s cryptocurrency dubbed GlobalCoin. She predicts that Facebook could potentially pay interest to its users.
Now it’s real: Zilliqa, a high-throughput blockchain platform built on sharding, has successfully enabled smart contracts.
Bitcoin expert Max Keiser has said that XRP and other digital currencies will be destroyed by GlobalCoin, the yet-to-be-launched cryptocurrency by the social network giant Facebook. The only one who will survive, thinks Keiser, will be Bitcoin.
The new Facebook’s cryptocurrency – likely to be dubbed Libra Coin – should be revealed later this month, said one of their managers adding that a white paper for the token would be published on June 18.
Russian officials think that Facebook’s Global Coin will have a massive usage across the globe and hence it would be easier to trade oil barrels in their currency.
Facebook is reportedly collaborating with third-party organizations to act as “nodes” and maintain their GlobalCoin cryptocurrency network through proper licensing procedures.