A man World Health Organization is aware of a number of things concerning the facility of social and people, Mark Zuckerberg, has expressed that he are going to be finding out cryptocurrencies more so as to explore their potential for empowering people.
The co-founder of Facebook, in what he has known as one in every of his personal challenges for the New Year, has expressed that the facility of localised systems like cryptocurrency might facilitate take power far from the centralized system and place it back within the hands of people.
Digging deeper
Lauded as Associate in Nursing conceiver and one in every of the fathers of social media, Zuckerberg has shown his fascination with cryptocurrencies before, however this latest New Year’s post has indications that he are going to be investigation its potential abundant more for potential improvement for Facebook. Zuckerberg aforementioned in a very Facebook post:
"There square measure vital counter-trends to the current – like encoding and cryptocurrency – that take power from centralized systems and place it back to people's hands...I'm interested to travel deeper and study the positive and negative aspects of those technologies, and the way best to use them in our services."
Blockchain social media
There have already been variety of social media platforms based mostly around Blockchain service; but, the posture of an organization like Facebook, that reaches over one bln folks on a each day investigation cryptocurrencies can be monumental.
Zuckerberg’s overarching message within the post that created mention of cryptocurrencies was based mostly around “fixing vital problems in technology, media and government.” And, indeed, a technology like Blockchain is being publicised as revolutionary among those fields and with the backing of such an establishment, there can be scope for rocketing growth in adoption and recognition for cryptocurrencies.
Take back the facility
It is unsurprising to envision why Zuckerberg would have an interest in a very localised system once you examine social media for its peer-to-peer power. whereas there's a centralized force on Facebook, it's given people plenty of power and a far larger voice.
A localised system like cryptocurrencies will solely aid that growth more, and as Zuckerberg states - “put it [power] back to people’s hands.”
Well-known technologist Jameson Lopp explains however, in a very financial house, cryptocurrencies have flipped typical centralized thinking on its head.
“At least from the financial posture, we have a tendency to aforementioned let's flip this physical object the wrong way up. rather than North American country trusting bound entities, instead, we have a tendency to square measure about to track everything ourselves, validate our rules and not trust anybody.”
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fb is wealthy enough
It is time for steemit !!!!
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