Say goodbye to your Facebook Credits

The monetary value isn’t going away, but Facebook Credits, the social network’s universal currency of the last year or two, is being transferred into the local currency of the users. That’s probably a good thing. Facebook need to decide where to focus their energies on, and I don’t think the answer was a new currency and a 30% rake.

The answer is mobile. I’d expect the investment to carry on with the Facebook Home project and lots of iteration.