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According to Anthony Pompliano of Morgan Creek, a bit contrary to the expectations of some in the Blockchain space, the well-known social media platform Facebook is destined to build one of the most used products in the encrypted patrimonial space.
A tweet from Block founder Mike Dudas gave a hellish message on Facebook, revealing that he will hire Blockchain engineers, without giving a clearly defined role or purpose for them.
According to Pompliano, based on Facebook's track record of growth and growth, he expects it to be just a matter of time before the company rises to dominate in the cryptography sector.
Skepticism still surrounds a Blockchain product of Facebook
There was a report in August that reported that Facebook was suggesting the possibility that behemoth social media plans to build cryptocurrency projects.
This included the creation on the star platform and the use of the blockchain network to make assignments. As for what the Blockchain team will be working on Facebook is not yet clear. However, Facebook has continuously recruited Blockchain developers to join the growing team.
David Marcus, the head of the Facebook Blockchain project recently he resigned from his position as a member of the board of directors of Coinbase. This has fueled the speculation that led to the idea that Facebook might launch a cryptocurrency project with its Blockchain technology.
This would be unprecedented considering the potential scale offered by the 2 billion Facebook users who interact directly with the Facebook Blockchain project.
For some users of Facebook, it seems that it does not actually have a fully functional cryptographic implementation project and simply joins the wagon of the winners.
Pompliano bets on a Blockchain Facebook product
In a comment by Pompliano, he believes that Facebook has brought together a good team with talent and experience that will bring the project where it has to go.
According to Pompliano, Facebook has already shown that it is able to provide some of the most ambitious products and offer unparalleled growth to its rival user base.
This puts a potential Facebook blockchain in a good position to develop a successful launch of cryptographic products or services that could strengthen Bitcoin, according to Pompliano.
He later stated in a tweet that:
"They have more 1B user products than any other company I believe in. They've all historically executed, you could go to most companies, but Facebook is not … betting against David Marcus, Kevin Weil, Morgan Beller, Zuck, Chris Cox and the FB growth team is madness.I will ride with that crew every day when it comes to building, launching and scaling products Ask their competitors how the last time went. "
In a report by Cheddar in May 2018, there have been claims that Facebook is interested in developing a native cryptocurrency platform to help its massive user base make transactions without using government-sponsored legal tender currency.
However, without the full confirmation of the company, it remains to be seen whether Facebook will be able to deliver a truly worthy Blockchain vision of the technological product.
What are your thoughts on this development on a possible Blockchain product of Facebook? Do not hesitate to leave a comment below.
