Facebook has been reportedly launching its own cryptocurrency for the last couple of years. During this time it has made a series of external hires, created an internal crypto team, registered a crypto company and founder and CEO Mark Zuckerberg has hinted at payments being a priority for the company.
In this podcast we delve into what cryptocurrency is, the types of cryptocurrencies there are and everything we know about the Facebook cryptocurrency. Full disclosure, this is not investment advice.
1:10 Ste gives some background on how he fell down the crypto rabbit hole.
2:40 What are cryptocurrencies exactly?
4:18 Storing cryptocurrencies.
5:47 Bitcoin. The first and most famous cryptocurrency.
9:44 Altcoins. What they are and what they're for.
10:54 Facebook's cryptocurrency timeline.
12:26 What we know about the Facebook cryptocurrency.
14:17 How will Facebook's cryptocurrency be used?
18:09 What does this mean for other cryptocurrencies?
Resources/people/articles mentioned in the podcast
What are the Worst Bitcoin Losses Ever? Inc.com
Cryptocurrencies market caps - coinmarketcap.com
Bitcoin Volatility Index - buybitcoinworldwide.com
Coinbase - coinbase.com
Bitcoin - bitcoin.org
Ethereum - ethereum.org
Litecoin - litecoin.org
Monero - getmonero.org
Facebook is launching a new team dedicated to the blockchain. Messenger’s David Marcus is going to run it - vox.com
Facebook acquires team behind blockchain startup Chainspace - mashable.com
Facebook registers secretive ‘Libra’ cryptocurrency firm in Switzerland - coindesk.com
Facebook hires Coinbase employees amid continued speculation on its crypto ambitions - yahoo.com
Facebook plans June 18th cryptocurrency debut. Here’s what we know - techcrunch.com
Facebook plans outside foundation to govern cryptocurrency - theinformation.com
Bitcoin for beginners. The ultimate guide to cryptocurrency - stedavies.com