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

  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 3 hours ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago

    • You need to login to comment.