Facebook Users May be Too Old for Crypto

GlobalCoin may face demographic challenges as most Facebook users are ‘too old, too broke’ for crypto, according to Diar’s research. [vc_row][vc_column][vc_column_text]“Facebook will be facing an uphill battle on multiple fronts, primarily starting from an aging user base whose knowledge of cryptocurrency is likely to be near nil,” Diar said.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]Less than half of Facebook’s users are under 35 years old. Only 50% of US teens use Facebook, with many preferring youth-focused competitors like Snapchat. The number of retirees who’ve joined the platform has doubled since 2012. This doesn’t bode well for Facebook’s cryptocurrency.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_cta h2=”JOIN TO OUR TELEGRAM CHANNEL” h4=”ALL THE LATEST BREAKING NEWS ON TELEGRAM” css=”.vc_custom_1534928484642background-color: #44d8dd !important;”]Join to our Telegram channel HYIP.com to be always up-to-date with the latest news of the cryptocurrency space.[/vc_cta][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Rumors that Facebook is developing its own cryptocurrency, appeared in May. Later it was reported that Facebook is developing a stablebcoin which can be used for money transfers in WhatsApp messaging app. Unlike most other stablecoins, Facebook’s coin would purportedly be backed by a basket of foreign currencies. Currently, the company is looking for investors for raising $1 billion for its cryptocurrency project.[/vc_column_text][/vc_column][/vc_row]

https://blog.hyip.com/2019/05/facebook-users-may-be-too-old-for-crypto/