Facebook to look into cryptocurrency says Mark Zuckerberg
Facebook Inc. Chief Executive Officer Mark Zuckerberg gave cryptocurrency enthusiasts a little optimism for the new year.
Zuckerberg referenced cryptocurrencies in a posting Thursday in which he told how he will spend 2018 trying to correct consistent problems — including the proliferation of hate presentation and misinformation — which may have dogged his wildly popular social network for the past two years.
“There are important counter-trends to this — encryption and cryptocurrency — that take power from centralized systems and put it back into people’s hands,” Zuckerberg wrote. “But they come with the risk of being harder to control. I’m interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services.”
“I’ve been involved with and fascinated by cryptocurrencies since 2012, and I’ve witnessed how Coinbase has started democratizing access to this new asset class,” Marcus said on Coinbase’s blog Dec. 12.
However, there are some who thinks in a complete contrast manner, JPMorgan Chase CEO Jamie Dimon, The cryptocurrency “is a fraud,” said during delivering Alpha conference presented by CNBC and Institutional Investor. “It’s just not a real thing, eventually it will be closed.”
He added, at a separate conference organized by Barclay, “It’s worse than tulip bulbs. It won’t end well.”