The past week is with you; We shared an article on how Apple's Music, YouTube and eBay's Blockchain-based alternatives could work . Come on, let's look at how Facebook's Blockhain-based crypto can be...
Mark Zuckerberg , the founder of Facebook and a major shareholder today, is $ 71 billion, despite the fact that his fortune is still at 33.
Mark Zuckerberg, who has contributed a fortune to the wealth of the firm in the last decade, especially since the Facebook ads, managed by a good algorithm, are effective for companies, why do they want to do this without a center? And how can crypto money technology and developments in this sector have an influence on Facebook?
Zuckerberg, in his congratulatory message for the New Year, said:
"Along with recent developments, many people think that technology is monopolizing the opposite rather than removing it from the power center. We will perform a serious and profound study on the positive and negative effects of the systems without center. Among them there is also to examine the crypt money. "
Following this message, Facebook CEO shared another update with users in the near term. Accordingly, Facebook users will now see more on their home page than their company briefings, mainstream media or brand promotions, what their friends are publishing. Of course, this will be at the discretion of the users.
Although it is not yet known whether the purpose of this renewal is to build meaningful social relationships or gain more traffic, Wall Street's reaction to this was stiff and Facebook fell 4.5% in the past week.
In fact, this drop is not a surprise. If directors of major companies and brands decide not to use Facebook's advertising-based and customer-facing advertising algorithm, of course, they would expect a decline in their share value.
Why did Zuckerberg do it?
The main reason behind this move of Facebook is the serious pressure recently created by the United States on the institution.
In Russian-based reviews, Facebook's advertising algorithm was used to abuse people, unwittingly advertising them. But even more importantly, in the presidential elections over the past year, which resulted in Donald Trump winning, Facebook has assertions that channeled the power of influence sideways.
Even more, Facebook is using an algorithm to create a circle of ideas that many people get into. It is also stated that Facebook is marketing the companies' information about the masses that will be addressed by the advertisement of the people collected in this way.
It is also stated that Facebook is creating these masses by watching the fake news coming out on the site and by removing the data of the people who share it.
Of course these are not the only factors that Zuckerberg has in this decision. Increasing unrest among Facebook users is an important factor in making this decision. Especially recently, cyber security expert Bruce Schneier's Facebook users dedicated to his: " Do not avoid an error as you think you are a Facebook user, you kendisis products here ta." Description of the very appreciated also pushed to think Zuckerberg case.
If the users are slow and late, they are beginning to realize the event. They increase the traffic of the product through the site with the news they share, they create a portfolio and advertise the product, but they do not even get a cent for it.
Even worse, people are left alone on the main page with a ton of unnecessary news and a page they do not want to see on top of it. After a while, the ads that constantly appear on the main page are uncomfortable.
The biggest problem with the current business model is that as Facebook becomes less centralized, it can do so by reducing the interference with content in the news feed or by paying for traffic generated by content producers like YouTube does - the share of the company's major shareholders from pastry will be too small.
However, on the other hand, if this continues and the massive reaction of Facebook users grows, many users can leave the site, which makes the site a great place to advertise.
In particular, the rise of MySpace and the subsequent collapse are facts that Facebook administrators really need to keep. Hele also considering that Facebook is replacing MySpace.
Is Solution Token?
One of the alternatives to this dilemma can be a crypt money, FB Coin Zuckerberg mentioned.
Of course, this is not clear at this point, and no one has any information about Facebook's future plans, it's just speculation. However, it is not unreasonable for such speculations to emerge when the company's past interventional work and vision are taken into consideration.
With such an application, the center of the site can be replaced.
So, for a moment, let's suppose that Facebook has already exported a lot of crypt money with mining. The vast majority of this crypto money is then distributed to the main shareholders of the company. Keep the remaining money in Facebook's portfolio and share this money, the people who produce it, the agencies or the firm. Then tell Facebook to make payments to users who want to advertise on the site with crypt money. And, this is a big market where you have both supply and demand.
If we think that these tokens are too big for supply and demand, Facebook tokens can even come up against the dolly.
At the moment, this is the most logical option right now for when Facebook is preparing for the integration of crypto money. This system, which will win both the main shareholders of the company and the main content producers, is also attached to the main philosophies of the decentralized system.
Well, how will Facebook be able to convince users that the content they produce will not be stolen and that they are original?
A system that categorizes all of these content producers, a security software that excludes those who get bots by getting them into the workload, and many other requirements are what must be done to increase trust in this new platform.
Well, who's going to do this? Facebook probably will not allow uncontrolled content to be produced in a place where it returns with its own crypto-money, and this will not ruin the reputation of the site.
If Facebook integrates well with these systems and provides control, it can grow even more with a decent vision. If Zuckerberg wants to change Facebook's operational portfolio with crypto money, this crypto money idea that will be shared with the public can be a great tool to do that.
However, some media authorities want to take the place of Facebook, another platform that will do the things we mentioned above, because of the reaction they have to Facebook's recent policies. Just as Facebook has taken the place of MySpace, that platform wants to keep Facebook history.
Today's social media tweets or shared images are leading to processes that lead to the loss of the world's famous people. he needs systems that have a lot of power.
But who knows, maybe Mark Zuckerberg - a name that explains how to forgive all of his fortune for good works, as he had already stated - can give the greatest gift to man by creating a social media platform that is centerless and powerless.
It's a fact that if the price of Bitcoin falls or falls, whether it's $ 1 or $ 1 million, the Blockchain system has been able to change things around the world. At least in thought.