Quick post here to point out a good article at The Verge by Nick Statt. He’s captured a very good view here – that Facebook, by creating Calibra is digging deeper into our lives. This time it isn’t social – it’s about our financial lives.
Anyone who has read our report The Current and Future State of Digital Wallets will see this as a pretty smart, and perhaps scary, move by Facebook. With the depth of the Facebook network they have immediate reach and legitimacy – perhaps more than any player on the planet.
The browser wars took a long time to shake out. The Wallet Wars will take a long time as well. This is just a first shot.
Direct article: FACEBOOK’S CALIBRA IS A SECRET WEAPON FOR MONETIZING ITS NEW CRYPTOCURRENCY