Report: Facebook's Globalcoin may face population challenges

According to the latest report released by Diar yesterday, Facebook's cryptocurrency Globalcoin will face a population challenge. Diar said that as the social media giant Facebook's user base ages, Globalcoin will face a population challenge. The ageing user base is not fully aware of digital currencies, and the younger user base that is full of understanding of the new currency is not enough to use it extensively. According to the report, Facebook has lost its dominance in the youth market, with only 50% of American teenagers using Facebook, compared with 85% of teenagers using YouTube.