Home Blockchain News ‘Facebook Coin’ Crypto Users Will Trip on Gateway Drug Bitcoin: Venture Capitalist

‘Facebook Coin’ Crypto Users Will Trip on Gateway Drug Bitcoin: Venture Capitalist

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By CCN.com: The cryptocurrency space is concerned about whether or not the upcoming Facebook Coin will hurt the Bitcoin market. But according to Spencer Bogart, the social media giant’s entry into the crypto space could be the best thing that ever happened to bitcoin. The Blockchain Capital executive told Bloomberg that Facebook was a significant catalyst for boosting bitcoin’s adoption globally. The social media platform boasted billions of users worldwide. So, even a small percentage of them trickling into the cryptocurrency market could double or triple its user base. “We have seen public reports of what Facebook might be working

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