Barclays internet analyst Ross Sandler is confident that launching your crypt for Facebook is a good idea. This could bring the company up to 19 billion dollars by 2021.
According to the expert, it will be a good source of income, which will contribute to the growth of the shares that hit last year amid scandals. The best specialists work under creation of cryptocurrency under the leadership of David Marcus, who in the past managed PayPal.
Sandler said that cryptocurrency activities will play a positive role for the company, since any stream of income without advertising will be well received by Facebook shareholders.
A Barclays specialist recalled the Facebook payment project, which was similar to the cryptocurrency announced by the company. The FB credits developed by The Menlo Park were virtual currency that could be used for in-app purchases. Referring to the analysis from Barclays, Sandler said that “Facebook Coin” can still serve for small payments and peer-to-peer remittances, and then the use of this token will expand.
