Can Facebook Make Cryptocurrency More Mainstream?

With more than two billion daily active users on its platform, spanning virtually every country with a decent internet connection, it’s safe to say Facebook (FB) has achieved its goal of connecting the world.

But as he has done every year, CEO Mark Zuckerberg has sought out new challenges and important topics to address. This year, in addition to the proliferation of hate speech and misinformation on Facebook, Zuckerberg wants to tackle the polarizing subject of cryptocurrency, particularly Bitcoin, which has taken the world by storm.

“There are important counter-trends to this — encryption and cryptocurrency — that take power from centralized systems and put it back into people’s hands,” Zuckerberg wrote in his 2018 mission statement, issued on Thursday. “But they come with the risk of being harder to control. 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.”


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