2017 was the year of acknowledgement for cryptocurrency as it became popular in most part of the world but now it is time for its practical applications to touch the ordinary man. As MarkZuckerberg is going to develop its own coin and it will use this coin to fix the decentralize issues with facebook.
Why Mark Zuckerberg is Interested In Cryptocurrency
He is confident that blockchain technology will help to achieve the goal of decentralization the main concept behind technology of facebook was decentralization there are small companies which have affected his mission.
Way to Compete With Chinese Competitors
It is also a way to compete with chinese competetors like Alibaba and WeChat. Mobile payment is not so easy without cryptocurrency and cryptocurrency has made it easy. Institutional level investment in bitcoin has made the price of bitcoin grow. This will be a remarkable step by the CEO if his team agrees with his plans.