Facebook Libra Will Kick Off a Wave of Corporate Cryptocurrencies Predicts Cameron Winklevoss

The social media giant Facebook made waves last week with the announcement of its in-house cryptocurrency called Libra. Intended as an internal payment system for users of the social media giant, Libra is likely the first of the major corporate cryptocurrencies.

However, while Facebook may be the first to issue a digital payment system, it likely won’t be the last, according to some early adopters. Notably, Cameron Winklevoss, co-founder of Gemini exchange, suggested that the FAANG companies (Facebook, Apple, Amazon, Netflix, and Google) will begin adding coins over the next year or two.

Read more at BeinCrypto

#Facebook #Winklevoss

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