Facebook is trying to create a common currency accessible to a global userbase whose transmission bypasses traditional banking rails. It'll be super convenient, even the USD can't do that.
This combined with Whatsapp for Business is going to be game changing for SMEs in developing markets.
Do I want to keep my savings in it? Probably not...
It might be a great project, it just has very little to do with actual cryptocurrencies. It's great to be excited about it, the issue many people in this thread have the project being called a cryptocurrency.
This combined with Whatsapp for Business is going to be game changing for SMEs in developing markets.
Do I want to keep my savings in it? Probably not...