CNBC announced that Facebook just got some heavy backers in its pursuit of getting into the crypto market: Visa, Paypal, and Uber.
I believe those backers are strong backers and it is clear that they are seeing the possibility of Facebook taking over the crypto market the same way it took over the social media market; knocking Myspace out the game. and if I am correct I expect Facebook stocks to go through the roof.
Read today's Cryptolinks blog post with the title Facebook Touts Libra as a Cryptocurrency