Re:Facebook plans cryptocurrency debut
by wz1000 on Friday June 07, 2019 @08:23AM
(#20123830)
Seems to me that "trust" is the last thing the average joe would associate cryptocurrency with. A database with a public audit trail might be a better idea if you want that, but that certainly doesn't sound as trendy and exciting as "blockchain".
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Indeed, the blockchain concept is more exciting and understandable for a lot of people, so in that sense branding their consortium-controlled cryptographically verifiable ledger as a blockchain seems like a good PR decision.