Mark Zuckerberg Could Be Considering Creating A Facebook Cryptocurrency

There’s no doubt that the cryptocurrency industry is skyrocketing right now, and this has resulted in major financial and tech players to become invested in its growth. One of the major players who might be considering jumping onboard the trend or perhaps creating his own cryptocurrency could be Facebook Founder Mark Zuckerberg himself.

In a recent blog post by Zuckerberg, where he announced that fixing Facebook would be his personal challenge for 2018, the billionaire also threw in a lot of details that went under the radar. One of these is the part where he talked about emerging technologies, which happens to include cryptocurrency. Zuckerberg placed particular emphasis on the concept of decentralization, which spawned the crypto market, in the first place.

“I’m interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services,” the post reads.

Futurism tried to reach out to Facebook for details on the matter and a spokesperson could only say that there was nothing to say about it. This certainly doesn’t mean that there are no plans involving cryptocurrency being put together in the bowels of the social network’s offices, but there’s just no confirmation for now.

It’s also worth noting that a social media site as powerful and as pervasive as Facebook creating its own cryptocurrency or using cryptocurrency on its platform would be a huge force in the market. The company is already trying to branch out to include online payment services.

The CEO and founder of Matchpool, Yonatan Ben Shimon certainly thinks it’s an interesting idea, as he told the publication. He does caution that if Facebook is going to dabble in cryptocurrency, it should first consult experts.

“If they take a step [toward this plan], it can be awesome,” Shimon told Futurism. “But in order to do it right, they have to be with a partner from the crypto space that understands how to build it in a decentralized way.