Mark Zuckberg's interest in implementing a token into the Facebook system is still sending ripples throughout this blockchain. As I travel around I see not only articles but comments mentioning the effects this will have. Some believe it will put Zuckerberg in the driver's seat as most powerful man in the world. At the same time, others see it as a non-move, an attempt to rescue a passe system.
One thing I find interesting is that the mindset of an individual enters into which side of the debate they are on. Just as an observation, I noticed that those who are into conspiracies tend to think Zuckerberg has the ability to wipe out everything that stands in his way. Now I do not say this in a degrading fashion. Those views are not foreign to me. I researched the Bilderberg group, Sumerian tablets, and the reptilians. I know how powerful (and dangerous) the elite are. They established a strong system of control.
Those who tend to look at things from the technological perspective appear to believe that Facebook implementing a token will not have a windfall effect. It might make Facebook users happy for a while yet it will not thrust Zuckerberg into the forefront as World Czar.
There is simply a fundamental characteristic that makes the later point more sensible.
It can be summed up in this....
Mark Zuckerberg says that Facebook has “a lot of work to do” when it comes to harassment, election interference, and making sure that it’s a meaningful platform to be on. So he’s making it his “personal challenge” for 2018 to “focus on fixing these important issues,”...
There is no doubt that Zuckerberg is a smart guy. He also did a great job steering Facebook since it became public. However, the detriment to him making it his "personal challenge" is that he is just one person. Sure, you could say that decision means he enlists the help of the thousands of developers at Facebook. I will agree with that. Yet that is not enough.
The other day I wrote an article about why Facebook crushing STEEM would be great for humanity and why it would not happen. My main premise there was that Facebook cannot give up control hence are not really creating a blockchain.
STEEM is a decentralized blockchain. The disadvantage that Facebook has is that it is a centralized organization. Even though it employs thousands of the finest developers, they are still hired hands. All research is going to take place within the parameters that are set up by Facebook. And, ultimately, even if those people love what they are doing, they are there for the paycheck.
STEEM's decentralization gives it an advantage that makes it unstoppable by a centralized organization.
That advantage is INNOVATION.
Developers on STEEM are not hired hands. They are not banging away at code until all hours of the night because of a paycheck. They do it because they are passionate. The motives for many will differ yet the desire is the same. Whatever they are working upon, they want it to be a huge success. When that happens, unlike at Facebook, there is personal gain.
Over the last 20 years, as the Internet because a centralized mechanism with only a few companies controlling it, we witnessed innovation fall behind the historical norm. Overall, the DIY world took a hit.
One area it did excel was in the field of mobile applications. Both Google and Apple have platforms that are filled with tens of thousands of apps that were created by individuals. This shows what is possible when people have a venue to express themselves. Of course, the problem is these both are still controlled systems. To start, you are only on their after they approve it AND the compensation program is not equitable.
STEEM eliminates both of these problems. Anyone can create an application and put it on the STEEM blockchain. Nobody needs to approve it. At the same time, the compensation is based upon how many people use it. If it is a popular app, the developer can profit in whatever way he or she decides.
At present, there might be a couple hundred developers on the STEEM blockchain. This is a drop in the bucket compared to the tens of thousands that Facebook employs. Nevertheless, look at the progress of this blockchain in only a couple years. In addition, as word about STEEM gets out, we will not only see more users but also developers. Imagine that number in the thousands instead of the hundreds.
That will be the downfall of the centralized industries. Since Zuckerberg is not going to decentralize and open up his network for anyone to put stuff on (unapproved), he is going to lag in the innovation arena. As I write these words someone is looking at this blockchain and saying "it needs this". Unlike Facebook, that person only needs to sit down at his/her keyboard and start creating.
The technological power of decentralization is just too strong, even for a giant like Zuckerberg.
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