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Re:Facebook is reportedly planning its own stablecoin by dvtrn on Friday December 21, 2018 @03:30PM (#18736348)
Am I wrong in being suspicious this is a plan for economic colonialism by Facebook

Personally, my brain went in the direction of "is Facebook taking the Google approach to developing products?" i.e. they have a huge engineering team that needs to work on something, so you end up with a lot of products coming out of their dev organization, thrown at a wall, some stick and become popular in their own right (Messenger), some don't and die, and some are extensions of acquisitions (instagram).

Pure speculation and supposition, but that's the sensation I get, specifically reading this headline. shrug

Re:Facebook is reportedly planning its own stablecoin by akhilcacharya on Friday December 21, 2018 @03:32PM (#18736362)
“Engineer driven product development”?
Re:Facebook is reportedly planning its own stablecoin by dvtrn on Friday December 21, 2018 @03:45PM (#18736490)
Yeah something like that. I'm sure lots of teams do it, seems like a worthy practice to help build a culture of continuous learning when you're at the scale that you can just build "extracurricular"[1] features on your platform, provided you have product managers who can balance that with meeting core product objectives.

[1] there may be a better phrase for this which eludes me right now