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One huge potential threat to larger cryptocurrency acceptance is the network that already counts more than one billion users: Facebook.
“For example, remittances — money transfers by a foreign worker to family back in her home country — might potentially be "more lucrative than a pure payment play. In the realm of peer-to-peer payments, Facebook has a huge edge because it knows both the payers and the receivers, which is critical in complying with complex financial regulations.”
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