Facebook cryptocurrency: Everything you need to know

Facebook has been reportedly launching its own cryptocurrency for the last couple of years. During this time it has made a series of external hires, created an internal crypto team, registered a crypto company and founder and CEO Mark Zuckerberg has hinted at payments being a priority for the company.

In this podcast we delve into what cryptocurrency is, the types of cryptocurrencies there are and everything we know about the Facebook cryptocurrency. Full disclosure, this is not investment advice.

Show highlights

1:10 Ste gives some background on how he fell down the crypto rabbit hole.

2:40 What are cryptocurrencies exactly?

4:18 Storing cryptocurrencies.

5:47 Bitcoin. The first and most famous cryptocurrency.

9:44 Altcoins. What they are and what they’re for.

10:54 Facebook’s cryptocurrency timeline.

12:26 What we know about the Facebook cryptocurrency.

14:17 How will Facebook’s cryptocurrency be used?

18:09 What does this mean for other cryptocurrencies?

Resources/people/articles mentioned in the podcast

What are the Worst Bitcoin Losses Ever? Inc.com

Cryptocurrencies market caps – coinmarketcap.com

Bitcoin Volatility Index – buybitcoinworldwide.com

Coinbase – coinbase.com

Bitcoin – bitcoin.org

Ethereum – ethereum.org

Litecoin – litecoin.org

Monero – getmonero.org

Facebook is launching a new team dedicated to the blockchain. Messenger’s David Marcus is going to run it – vox.com

Facebook acquires team behind blockchain startup Chainspace – mashable.com

Facebook registers secretive ‘Libra’ cryptocurrency firm in Switzerland – coindesk.com

Facebook hires Coinbase employees amid continued speculation on its crypto ambitions – yahoo.com

Facebook plans June 18th cryptocurrency debut. Here’s what we know – techcrunch.com

Facebook plans outside foundation to govern cryptocurrency – theinformation.com

Bitcoin for beginners. The ultimate guide to cryptocurrency – stedavies.com

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Written by Stephen Davies

I’m an experienced strategist working at the intersection of public relations, digital marketing and social media based in London. You can work with me here or drop me a line here.

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