Coinbase did not respond to a request to comment on the potential merger with the social network, but Armstrong had previously said that it hoped that the company's client base would someday grow to a billion people.
Facebook, to date, has more than 2 billion users, so any crypto currency that the company implements can potentially have a very wide audience reach exceeding the coverage of any traditional currency unit. And even more so the Facebook token can have much more coverage than bitkoyn or any other crypto currency of the 1 500 existing on the market.