The journalist of The New York Times and the author of the book “Digital Gold: The Incredible History of Bitcoin” Nathaniel Popper reported that Facebook intends to raise about $ 1 billion from venture capital investors to secure its stable coin. Attracting third-party investors, he said, will allow the community to demonstrate decentralization.
It was a decentralization, and it was not a problem.
– Nathaniel Popper (@nathanielpopper) April 8, 2019
“One of the richest companies attracts money. When did they apply for third-party investments last time? ”
Popper added that Facebook steblecoin will presumably be tied to a basket of currencies that will be stored in the company's bank accounts.
At the same time, Facebook, according to sources, can use the investments attracted from ventures as collateral for the coin.
I am talking about this case. It is pegged to a bank of foreign currencies.
– Nathaniel Popper (@nathanielpopper) April 8, 2019
Earlier, BlockchainJournal gave a detailed analysis of all available information about cryptocurrency projects of the largest social networks Facebook, Twitter and Telegram.
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