A Paid Version of Facebook Doesn't Seem So Impossible Anymore

Over the years, countless hoaxes have circulated on social media claiming that Facebook (NASDAQ: FB)was preparing to implement a monthly subscription fee or some other type of fee(Facebook's main page says "It's free and always will be" in response to these hoaxes). As a result, Facebook must then monetize its free service through advertising in order to pay the bills, a trade-off that modern consumers are all too familiar with.