RE: Facebookchain? $1bn Mining IPO. Bloomberg Crypto Index. BaaS is the new SaaS? - Weekly Recap 14 May

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Facebookchain? $1bn Mining IPO. Bloomberg Crypto Index. BaaS is the new SaaS? - Weekly Recap 14 May

in bitcoin •  7 years ago 

I think it will be difficult for facebook to create at truly decentralised social network if they still have shareholders to answer to.

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No I don't think Facebook would create a decentralized social network. They would probably create a centrally controlled cryptocurrency like Russia or Venezuela that they integrated into Facebook which allowed people to earn it by creating and curating content.