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

You are viewing a single comment's thread from:

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

in bitcoin •  7 years ago 

A lot of big crypto news, but Facebookchain is horrifying. What if they replace Steem?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

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

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.