BITCOIN 12/03/2019

bitseven.com - Facebook Coin has possibility of creating 19 billiion USD turnover in 2021

The cryptocurrency of Facebook, If it's launched, it will create up to 19 billion USD of turnover in 2021, according to CNBC on 11 of March.

" From our testing, the first verson of Facebook Coin might be created with the purpose of paying and transfering between 2 people (p2p), it is same with basic credit from 2010 and Venmo nowadays.

Internet analyst Barclays Ross Sandler wrote in a letter to customers that digital cryptocould create a new revenue stream for Facebook.

In it, Sandler points out that digital-based revenue "is essential at this point of view from the company", he stressed that any revenue stream unrelated to advertising would be easy Facebook shareholders accept. According to him, the estimated revenue of the new currency is about 3 billion USD.