Although the world's image when it hears the name Facebook immediately goes to a bad place, this initiative is backed by 27 impressive partners: Visa, Mastercard, Stripe, Paypal, Ebay, Illiad, Kiva, and many well-known investment companies.

Much derision and negativity on Twitter, so there must be a chance this will actually work. Remember the iPad? Two sides from the people into cryptocurrency: delight, that this may push BTC and ETH success and fear that the opposite may happen. Which will it be?

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