Barclays: Facebook's Cryptocurrency Could Generate $19 Billion in Additional Revenue by 2021 - Bitcoinist.com
British multinational investment bank Barclays sees some serious upside for social media giant Facebook's cryptocurrency.
- Barclays Bullish on ‘FaceCoin’ Ross Sandler, an internet analyst at Barclays, said in a note to clients on Monday that Facebook’s reported cryptocurrency could generate as much as $19 billion in additional revenue by 2021.
- According to Sandler, the new cryptocurrency of Facebook could “re-invigorate that business strategy.