Facebook has had a rough time lately. Even before the broader market crash began last year, Facebook stock was already significantly down from it’s All Time High of $218. The constant privacy leaks and data controversies have rocked investor confidence and the #deletefacebook movement picked up steam, with even ex-Facebooker and WhatsApp co-founder Brian Acton tweeting the same during his departure. Something needs to change if the Facebook story is going to get a better ending.
There has been a love/hate relationship with Crypto and Facebook. When Facebook banned all crypto ads, it seemed very straightforward that they would not be taking part in the crypto madness of 2017, even if it meant missing out on a healthy revenue source. However, that all changed when they lifted the ban on cryptocurrency ads and also created their own blockchain group.