The Facebook Globalcoin: All You Need To Know

Facebook has made the headlines around the globe once again, this time because of its Globalcoin project. It’s a project that surprised no one. During 2018, after the cryptocurrency craze that saw Bitcoin’s price soar and then crash, reports indicated that Facebook will veer into cryptocurrencies. Since the massive company has stakes in far too many tech projects, you could say the rumors were expected. Over time, Facebook often announces involvement in projects that got nowhere, nobody expected this to be any different. However, over this last month news items have appeared confirming the project – and giving us a small peek at what it might be. A cryptocurrency? Or just yet another weird “token” system for payments? Once again, due to the lack of any official information, this is mostly hearsay. Many of the reports come from insiders who should harbor some knowledge, but it’s impossible to tell what to trust. Still, most reports point towards