There are a few reasons for that:
Google Plus demonstrated Google cannot build a social network
Steemit would benefit from Google background technologies (Translate, Maps, AI...) and infrastracture
Google doesn't have a cryptocurrency yet
The branding would raise the Steemit value 10 times alone
Compared with Facebook, Google would be the good company again (by sharing the value with the users)
Steemit could be later integrated in Chrome.
Hello Steemers,
As of now our steemit community has ~181,000 total accounts and ~10,000 active users (see here), this is a day over day increase of 2% in new accounts and 23% day over day increase in Active users.
If the pace continues, then Steemit will hit a million userbase mark in the matter of months, and you verywell can calculate the cummulative growth then.
With such a massive growth, do you think today's giants like Facebook or Google will simply ignore this space?
Lets look at some big ticket acquisitions in the recent past.
$1B - Facebook bought Instagram with 30 million users in 2012
$3B - Facebook pitched for Snapchat with ~35 million users back in 2013, the deal didnt happen but you realize the potential
$19B - Facebook bought Whatsapp with 450 million users in 2014
One thing that we understand from these acquisitions is Facebook want to be social media king, whatever the prize may be.
Steemit is one such growing community which is just over 1 year old.
So now the question arises
Can steemit be bought? Given steemit's business model and decentralized structure
Or can Facebook or Google buy majority of Steems from exchanges and claim the ownership
If this is possible, it can give Facebook a foot in the door to enter cryptocurrency world through social media route.
Dear steemers, please help me understand the extent of possibilitie
I think that steem is the one crypto currency that will rise above all else, as it gives the power back to the users via social media , kinda like what google was back in 2001-2002 when alta vista and yahoo! where the top search engines.