You are viewing a single comment's thread from:
RE: [Vlog] Facebook CEO Zuckerburg talks cryptocurrencies and decentralising power - should we take him seriously?
Suddenly he's worked out Steem could be a threat to his empire and he wants to share his fortune around to the minions NOT
All he has to do is copy Steemit's strategy, the same way he duplicated MySpace's application.
He personally probably already owns some crypto but now he wants to implement it in his own firm.
I wonder what he will name his own crypto coin or token. Maybe Zuck coin
more like sucker coin.
If I had to bet, I'd say he's already bought a lot of crypto currency and that is one of the reasons he will likely introduce it on FB - it will drive up prices through exposure and it is an easy way for him to give a middle finger to the twins
As far as i can see it there is no party losing if a decentralized currency was implemented - neither Zuckerberg nor the users. Zuckerberg may profit from it obviously which is not a big deal (cash ain't his problem) , but more importantly the users get to use cryptocurrencies.
Of course given Facebooks background, how it will be implemented is the question.
Why would a tipping system on Facebook even have to use a cryptocurrency? It would be completely wasteful on a centralized platform like Facebook.
Not exactly. The blockchain properties aren't just decentralization.
The blockchain exists to distribute consensus. If a single entity controls the blockchain there is no distributed consensus but centralized consensus instead. It is much more efficient to implement centralized consensus without implementing all the costly and complicated mechanisms of distributed consensus. It is completely wasteful. And if you think a blockchain would be a good choice for security, remember that banks have centralized databases and they get hacked very rarely.
Goood points! No wonder we have this scaling issue.
We can see that the blockchain is already threating the centralised powers.
A new revolution
I’m sure he’s been watching steem for awhile. Waiting, plotting, doing dr evil things
Hello ceattlestretch. I Followed you.If you follow me, I'll be happy.Thanks :)
Well I wouldn't exactly agree on him thinking Steem is a large threat to Facebook. Centralized or not, Facebook still has the largest base of users on any social media platform. Currently with the average daily users on Steem, we would have no way in competing. Also, I think Steem is leaning more towards a 'replacement' to Reddit as opposed to Facebook. Personally, I think Facebook is so big that nothing can really replace it. It's become too large of a business and advertising hub. My two cents.
Looks that way, doesn't it? Well, I wouldn't dare give into Facebook and suddenly dump Steemit.
Facebook is still known for censorship and ties to DARPA, regardless.
I'm going to pay closer attention to how this all sorts itself out in the scheme of things in the ensuing months to come.
He is very evil
i don't think he is evil, just greedy.
He's only trying to look cool. Probably by advice of his PR team. If they make any move towards cryptos, it will only be more centralized garbage. Just like Blockstream took over Bitcoin, only to centralize it more.
If you want real decentralized tech, think in BarterDEX, the Atomic Decentralized Exchange from Komodo Platform. That's the way to go.
http://komodo.rocks
http://komodoplatform.com
Hello nexusvortex777. I Followed you.If you follow me, I'll be happy.Thanks :)
follow me back
he want to create a own crypto for facebook....
absolutely ! but steem is going to take a long time , but m sure steem will succeedddddd !
Stop, yelling, dude. Please.
he is properly half blind thats why hi is writing in VERY big letters :P
True. At most, he's gonna buy some legit project, only to turn into more centralized garbage. As they're already doing with bitcoin.
Lol exactly.. but I think Steem has still to go a long way.. and we should really start to now take this thing to more of a social networking platform than just a blogging platform..