Facebook is DYING! - MORE PROOF THAT FACEBOOK IS LOSING USERS

in #steemit7 years ago (edited)

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Posted on the front page of The Drudge Report was the story over at Fast Company by business writer, Cale Weissman, people are spending less time on Facebook. This was first reported back in February but the numbers are getting worse.

It's that simple. Interpret that how you want but that is the fact. Weissman reports that Facebook lost a whopping 4% of time spent on the platform in November of last year. Now, Facebook lost an amazing 18% of time spent on its site in December! But it's not just Facebook. Instagram lost 9% of user time spent on the platform. AMAZING!

Facebook execs are telling worried investors that this decline is just the result of a change in the algorithm. But many are speculating that something more is going on and people are tiring of Facebook and other social media platforms.

MY THEORY

My theory is that many are moving to the blockchain based social media platforms like Steemit and Sola. Well, Sola hasn't really implemented their blockchain yet but according to their roadmap and white paper, it's just around the corner. And Sola is now bragging over 800,000 users and growing.

Listen, the Alexa numbers don't lie. The trend is going up.

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Sola numbers at Alexa are similar.

At the end of the article, Weissman ponders who will replace the Duopoly of Facebook and Google/Youtube.

I think I know that answer.

As more and more people realize that you can now be paid and rewarded monetarily for time spent online with cryptocurrency and learn about the technology of blockchain social media, they will continue to spend less and less time at Google and Facebook applications.

Time will prove me right.

FAST COMPANY ARTICLE: Chances are you’re spending 24% less time on Facebook


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Who knows. Maybe Facebook will make their own token to save themselves.

It won't be decentralized and will fail.

I am one of them. They stopped showing my posts to people who asked for them, so I moved on to Instagram and Steemit.

I have a 130,000 facebook followers and when I put up a post, it may only get 10 shares and 20 likes. They won't show your content unless you pay them. Screw that!

Exactly. It became pay to play a looooong time ago--and they just changed their policy again in January--!

It's now against their terms of use to partner with other pages and share each other's content in exchange for "anything of value". O_o

So done...

I am personally tired of all of the spying. I have searched on my phone for a tool, and then gone to facebook on my laptop and viola, that tool is all I see on the adds on my page. Facebook and Google are bought and paid for by people who don't have our best interest.

www.duckduckgo.com is claiming that they do not even store data, so there is Nothing to sell! I have a new home page / search engine, to go along with Steemit, LOL!

The blockchain revolution 💪

...will not be televised.

The world is getting sick of being Zuck'd

I go to FB just to wach some ads.

I believe it will stick around for a while. Don't see it happening anytime soon. Would be alot cooler to see smaller more independent social media sites to come up. sucks and totally bites.

Is that why Steemit is so.....s...l...oooooow...
right now?

couldnt agree more on this excellent post. Facebook saw it coming and shot themselves on the leg by taking harsh decisions of banning crypto adverts although they were looking into it. In next few years, facebook will be dead if they dont stop reaping folks up and start paying people for times spent on their platform. thanks for sharing
nb: explain further everything in your post powered by solar? Do you cash out your solar, if so how?

I am seeing more folks leaving fb for here.

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