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Opinion: Digital currency from Facebook will affect the prices of some cryptoactive assets

Economist and cryptanalyst Alex Kruger turned to Twitter subscribers asking which coins would benefit from the appearance of the GlobalCoin coin from the largest social network Facebook. Facebook, GlobalCoin. – Alex Krüger (@krugermacro) 17 worm 2019 r. "A million dollar question on […]

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Economist and cryptanalyst Alex Kruger turned to Twitter subscribers asking which coins would benefit from the appearance of the GlobalCoin coin from the largest social network Facebook.

“The million dollar question for the upcoming week: which token, if any, can directly benefit from the launch of GlobalCoin from Facebook”

From their more than 34 thousand subscribers, Kruger began to receive in response to a variety of assumptions, in which Bitcoin, Ethereum and the RR Xle XRP token were most often mentioned.

“XRP, indisputably. The coin from Facebook is another “fenced garden”. Cost transfer / exchange will be carried out via the InterLedger (ILP) protocol, adopted as the W3C standard . ILP is optimized for XRP. The more “fenced gardens”, the more benefits XRP has in the long run.

Commentator Johny expressed the opinion that, as if after the collapse of the dotcoms of the “survivors”, Bitcoin, Ethereum, Litecoin and the same Ripple would remain.

Anton Pagi said that the Facebook initiative might have a positive effect on several lesser-known coins, for example, Zilliqa (ZIL), Chainlink (LINK) and Ethereum-based tokens.

The user kryptoicarus suggested that the Facebook initiative would have a positive effect on EOS, since Peter Thiel, the founder of PayPal, is participating in both projects.

Earlier, BlockchainJournal has reported on the partner companies of the cryptocurrency project from Facebook.

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