Facebook Plans to Create Its Own Cryptocurrency
Facebook started studying blockchain almost a year ago, when a member of its corporate development team, Morgan Beller, began looking at how the social platform could use the emerging technology.
Marcus leads a team of less than a dozen Facebook employees working on blockchain. Before joining the company, he was the president of PayPal, which facilitates transactions between users in Facebook’s Messenger app.
Marcus is an early Bitcoin investor, and in December he joined the board of Coinbase, which runs one of the most popular cryptocurrency exchanges. https://cheddar.com/videos/facebook-plans-to-create-its-own-cryptocurrency
Interesting news in light of the fact that high-end VR Graphics Cards had a price spike and shortage due to cryptomining.