Welcome to the Tech Mem Right Home for Friday, May 11th, 2018.

Today is a Facebook cryptocurrency really possible.

Can Snapchat redesign its way back into users' hearts?

Clout strikes out and the weekend long read suggestions.

Here's what you missed today in the world of tech.

So I was skeptical of this yesterday and I maybe still am just a little bit, but

Cheddar was reporting this morning that sources have told it that Facebook is indeed

exploring the idea of creating its own cryptocurrency to facilitate payments

among its users. Facebook reportedly started studying blockchain almost a year ago when a member of its corporate development team, Morgan

Beller started investigating blockchain uses in social media contexts.

Cheddar says that at the, Beller was the only employee studying decentralized ledgers.

There's no word if Beller will specifically be a part of the small crypto team that Facebook announced would be headed by David Marcus, but according to

Cheaters unnamed source, quote, they are very serious about it.

Still, even if this rumor pans out, the cheddar piece notes that a

Facebook coin or whatever it will be called would probably take years to

materialize. Of course Facebook does have a history with

digital currencies. Remember Facebook credits launched back in 2009. Those sort of

of Faisal way with the likes of Farmville and Facebook shut down credits two years later.

But the obvious joke here would be that if Facebook is a nation state, it would be the most populous in the world.

So why not issue its own currency?

It's been a tough few weeks for Snap and a lot of people have put blame for

Snap's woes squarely at the feet of a redesign of the Snapchat app that the

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