No, Facebook’s ‘FaceCoin’ Will Be Nothing Like Bitcoin (Or Even a Cryptocurrency)

Facebook, Telegram, and Signal are reportedly planning to mint their own digital coins for their platform. But their centralized nature means that they won’t be censorship-resistant, decentralized and secure by design, unlike Bitcoin. Nice Try Facebook But FaceCoin Won’t Be a Cryptocurrency…

Link: No, Facebook’s ‘FaceCoin’ Will Be Nothing Like Bitcoin (Or Even a Cryptocurrency)
via bitcoinist.com