Cam Chell weighs in on Yahoo Finance about Facebook's digital coin

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It is really important to understand is that Facebook’s not really looking at this as a crypto or an alt coin or something like that. This is a stable coin that really, will be acting more as a payment wallet. Very similar to how your Visa, your MasterCard and your PayPal or your Google Pay or your Apple Pay would work. This is Facebook’s answer to that. Facebook has a distinct advantage that they probably have the biggest network affect corporately, in the world.

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