How Much Money did Facebook (FB) make in 2021?

Statista estimates Meta (FB) generated $114.93 billion in advertising revenue in 2021. Facebook’s ad revenues grew from $84.169 billion in 2020 and $69.655 billion in 2019. I consider Facebook a pandemic-resistant business because of the advertising revenue.

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Can the Pax Dollar (USDP)  grow with Facebook’s Novi?

Novi is an app that allows any user to buy Pax Dollars (USDP) and send them to users in other countries. Currently, Novi is only available in the US and Guatemala. You can download Novi from the App Store and the Google Play Store. Users can sign up for Novi with their phone numbers. They are currently placing Novi users on a waitlist.

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Fed plans Digital Dollar, Facebook plans Stablecoin

The difference between the CBDC and current digital versions of the dollar is that the Fed itself will create the Digital Dollar. Thus, the Federal Reserve will control the supply of a U.S. Central bank digital currency.

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Facebook Allies plan Libra Alternative Cryptocurrency Celo

C Labs claims the Celo Wallet will work like Venmo. Venmo is the popular peer-to-peer (P2P) app owned by PayPal. Thus, Celo is an R&D effort trying to create consumer products that a central bank could use.

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Facebook Makes Incredible Amounts of Money

Therefore, Mark Zuckerberg’s social media empire makes more money than Amazon. However, Amazon generates more cash than Facebook.

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The Media’s new Scapegoats for Trump: Facebook and Zuckerberg

However, Facebook’s manipulation of voters; like Russiagate, is gospel in the Democratic Establishment. Hence, we will get a year; or more, of increasingly nonsensical Democratic attacks on fellow Democrat Zuckerberg and his company.

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Can Telegram’s TON Compete with Facebook’s Project Libra?

Durov intended TON as social media for money. To explain, TON’s goal, like Libra’s, is to enable anybody to send funds anywhere in the world at the press of app.
Thus, TON offers a totally offers a new model of finance, a decentralized currency anybody could access. Libra, however, extends the current finance system of centralized banking into the blockchain. In fact, I think the Libra Association looks like a global Central Bank.

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Facebook Employees could be paid in LIBRA Cryptocurrency

Facebook (NASDAQ: FB) unveiled its Libra cryptocurrency proposal in June to much fanfare and controversy. Fascinatingly, an unconfirmed rumor claims  Facebook employees working on the Libra

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There is nothing original about Facebook’s Project Libra

The organization that will administer Libra, the Libra Association, looks like a central bank

To explain, a central bank issues currency, backs currency with a reserve, and regulates and administers the ecosystem that distributes the currency. Beyond that a central bank acts a a bank for other banks. I think the Libra Association looks like a Central Bank for global electronic payments systems like Visa and PayPal.

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