Viewing a response to: @andrarchy/the-problem-with-facebook
With the rumours making the rounds with regards to facebook stepping into the blockchain phenomenon, do you think they might not be looking at ways to ease the pressure on them concerning their use of user info and all that? Is it possible for facebook to make their processes decentralized?
| post_id | 71,403,501 |
|---|---|
| author | warpedpoetic |
| permlink | re-andrarchy-the-problem-with-facebook-20190313t173458428z |
| category | steem |
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Anything is possible, but their entire business is built around a centralized model. It's what enables them to support so many users and so much activity, which enables them to make a lot of money through ads. Decentralization requires giving up a lot of control, and increasing costs dramatically. It means becoming a totally different business, and most businesses have difficulty surviving even when they are just maintaining their existing model. Those businesses that do survive major technological shifts, like Apple, typically do so by totally transforming themselves, but most die in during that process.
| post_id | 71,413,894 |
|---|---|
| author | andrarchy |
| permlink | re-warpedpoetic-re-andrarchy-the-problem-with-facebook-20190313t203556822z |
| category | steem |
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I hope so too. Facebook better keep up their good work. 😂
| post_id | 71,441,864 |
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| author | warpedpoetic |
| permlink | re-andrarchy-re-warpedpoetic-re-andrarchy-the-problem-with-facebook-20190314t074026570z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit\/0.1"} |
| created | 2019-03-14 07:40:33 |
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From what I've read and listened to on ivanontech the Facebook coin will most probably be a stable coin used to drive a merchant economy. Facebook are so entrenched in their 'money hungry ways' in regards to data that I can't see them giving up that racket... Much to their detriment and our (steem) benefit. I'm hopeful at the moment that we can turn prominent heads toward steem @warpedpoetic and maybe push adoption of this Blockchain 🙂 Posted using [Partiko Android](https://partiko.app/referral/raj808)
| post_id | 71,441,449 |
|---|---|
| author | raj808 |
| permlink | raj808-re-warpedpoetic-re-andrarchy-the-problem-with-facebook-20190314t072227425z |
| category | steem |
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