Express

Facebook's Global Coin In Trouble Before It's Release

Ramsey Baker

Summary: Facebook's GlobalCoin was originally said to be a bitcoin killer, but the reality appears to be much bleaker for Facebook's new currency according to CCN.com. Facebook boasts 2.2 Billions users, but of those users 55% are over 35 years old. The baby boomer generation is notoriously resistant to cryptocurrency and are unlikely to learn about ...

social-network-76532_640.png

Facebook's GlobalCoin was originally said to be a bitcoin killer, but the reality appears to be much bleaker for Facebook's new currency according to CCN.com. Facebook boasts 2.2 Billions users, but of those users 55% are over 35 years old. The baby boomer generation is notoriously resistant to cryptocurrency and are unlikely to learn about cryptocurrency. Facebook is starting to trend towards more lower-income families, which is worrying for GlobalCoin.

Last Update:

Tags: ,,,
Link: Facebook's Global Coin In Trouble Before It's Release   [Copy]
Next:

Related Articles

  • Autonomous Worlds: The Ultimate Goal of Blockchain? 18 hours ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 3 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 4 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 14 days ago
  • Is the Crypto Bull Market Over? 15 days ago

    • You need to login to comment.