Very interesting, and good points. With 600 million users and our propensity toward using what is easiest, this could be a vehicle or at least help forge the way for a universal currency.
I like the line about “to the bunkers!”
Good Article…
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Gold Bugs Take Note: Facebook Credits Now “Universal Currency”
Is Facebook about to put a toll booth on the social media superhighway? As we discussed in a profile of Mark Zuckerberg earlier this year, Facebook’s Next Big Thing is Credits, which started its rollout today. An online payment system not unlike PayPal, the company says the plain-sounding-but-ominous-in-a-sci-fi-way Credits will streamline commerce on Facebook (games first), and, with Zuckerberg and Co. taking a 30% cut of every transaction, perhaps fatten the bottom line one day.
Forex traders and global conspiracy theorists take note: with close to 600 million people using the system, we could be watching a Dollar rival spring to life. To the bunkers!
Facebook is announcing the next phase in its roll-out of its virtual currency Facebook Credits, which is leaving beta testing today. That means all Facebook game developers will be able to start using Credits as their payment system for virtual goods — in fact, Facebook is requiring them to make the switch by July.
The company planned to make the announcement at noon Pacific today, but it’s releasing the news a little early after TechCrunch got the scoop from an unidentified source and predicted that decision would “ruffle some feathers”. That’s probably true, though the transition is already well underway. In the past year, Facebook held occasionally tense negotiations with the biggest social game developers like Zynga to bring them on-board with the program.
Facebook confirms plans to make Credits the mandatory “universal currency” | VentureBeat.
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myBlessedHope 