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Weiss Rating Expert: Facebook Coin's Opponent Is PayPal And Credit Card, Not Cryptocurrency

Liang CHE

Summary: Recently, Facebook Coin, the cryptocurrency in the secret development of social media giant Facebook, has continued to attract media attention. Juan Villaverde, an expert from Weiss Rating, shared his views on cryptonews.com. He believes that Facebook Coin's rivals are PayPal and credit cards, not cryptocurrencies such as Bitcoin.

Recently, Facebook Coin, the cryptocurrency in the secret development of social media giant Facebook, has continued to attract media attention. Juan Villaverde, an expert from Weiss Rating, shared his views on cryptonews.com. He believes that Facebook Coin's rivals are PayPal and credit cards, not cryptocurrencies such as Bitcoin.