2019-05-15 — caseyresearch.com
what better way to pacify government bureaucrats than to "share" profits with users... And the easiest way for Facebook to do that is with its own currency.
That's what FacebookCoin is all about... Simply put, Facebook is trying to save its own skin... by getting VC firms involved with FacebookCoin, it will claim that the project is decentralized and not solely controlled by Facebook. It's just a clever front to deflect scrutiny.
Facebook has been lobbying for additional government regulations on social media. That way, Facebook doesn't have to self-police -- it can simply follow orders. That also allows it to deflect public backlash.
If that doesn't work, Facebook has [its FacebookCoin play]...
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