In a recent post, the popular Facebook founder, Mark Zuckerberg, said he wants to analyze cryptocurrency to see how it can be used on Facebook. Zuckerberg also added that “he wants to give people the power” and he believes “in a decentralizing force”.
the Facebook founder’s full statement:
“(…) one of the most interesting questions in technology right now is about centralization vs decentralization. A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people’s hands. (The first four words of Facebook’s mission have always been “give people the power”.) Back in the 1990s and 2000s, most people believed technology would be a decentralizing force.
But nowadays, many people have lost faith in that promise. With the emergence of a small number of big tech firms, and governments using technology to keep an eye on their citizens — many people now believe technology only centralizes power rather than decentralizes it as supposed.
There are important counter-trends to this – like encryption and cryptocurrency — that take power from centralized systems and put it back into people’s hands. But these trends come with the risk of being harder to control. I’m interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services.
This will be a serious year of self-improvement and I’m looking forward to learning from working to fix our issues together.”
This is an advancement to Bitcoin trading if implemented by the Facebook founder and would definitely lead to an appreciation in the value of bitcoin.
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