Facebook Could Double or Triple Crypto Users By Cointelegraph

Blockchain Capital partner Spencer Bogart claimed that the crypto endeavors of social media giant Facebook (NASDAQ:) could result in the cryptocurrency user base doubling or tripling. Bogart made his remarks during an interview with Bloomberg published on May 8.

In the interview, Bogart confirmed that he thinks Facebook Coin — whether it will be a stablecoin or a different kind of crypto asset — will act as a stepping stone, introducing the masses to the idea of cryptocurrencies. He explained that once people own Facebook Coin:

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