One of the big announcements at Facebooks f8 conference recently was the expansion of its official virtual currency, which is in beta currently on 100 applications. This could as mentioned by various journalists across the globe have a serious impact on the amount of revenue generated by the company. users can currently purchase credits for use in Facebook applications with credit cards, special offers, mobile phones and Paypal, and Facebook plans to add “100 or 200″ local payment options worldwide.
Considering that Facebook is now the third largest ‘country’ in the world with over 500 million citizens; and growing, could we be seeing the start of something that will have a major impact on the physical economy in the future?
Facebook is undoubtedly the darling of the tech community but i believe that we now are seeing the creation of a real link between physical and virtual, we really need to watch this space as we could all be soon buying and selling in Facebook Dollars.
