Somebody correct me on this, but I don't think that would be a factor. FB have a billion people, they will lose doing so. Mainly because they deal in fiat and they have no currency that can be mind.
In this regard, I don't think this is a concern.
That being said, there will be competition, and maybe we should all step up. But as I mentioned on the article, Bitcoin also had several coins that supposedly were going to erase it from the map. So I guess we'll cross that bridge when we get to it :)
They will create some kind of FB coin that can be exchanged for BTC or something of the sort...
I don't think FB is into cryptos, but if that happens the world would totally abandon the current banking system! So show me where to sign :)
Plus, there will never stop making people so.. Can't be afraid of someone stealing your costumers, just make new ones :)
They can be into anything they want... They are a $350B dollar company, with lots of cash.
I did think of a way that we could work with some of our competition instead of against it. If you have time to check it out, I'd be curious about your thoughts. (link)
I will check it out and tell you what I think there :)
Cool, thanks :)