Hi Deep Thinkers... This question is for you...
It is my view that a centralized revenue collection company is inconsistent within a decentralized platform. What I mean is that we will NOT see any big FB, Google etc... equivalents in the decentralized world. Or if they do exist, their size will be very small vs. the size of the network they active in. Do you agree?
The reason being that the community can always fork the network away from the founding/centralized revenue collection point and do the "Robin Hood" thing by giving the revenue to the communities supporting that particular project.
If this is the case, then any big centralized revenue collection point will eventually be broken down. Does this argument seem reasonable? Also I believe this only applies to the software side and not the hardware i.e. Bitmain is more like an Apple and wont easily be removed.
Let me know what you think
I think Facebook will die a slow death ( if it doesn't adjust ) and any new social network platform that wants to succeed and last will need to reward its content providers. I made a meme awhile back that gives my view on the rise of Steemit vs Facebook or more widely put -- New Social Networks vs Old / Current Social networks.
Here it is :
So to answer your question. No I don't think a social giant like Facebook or reddit will exist but I do think it's possible to have large front runners like Steemit that rewards it's users.
lol awesome.. that made me laugh!
lol I agree with you
The big problem with companies like google and facebook is that they got so big and powerful that they cannot help to using their dominant position for their own interests. The very essence of a decentralized system is that it is not centralized, meaning the power of a system is in the hands of many.
Will companies like Facebook and Google become more transparent? No, I don't think so because they simply have too much to hide. Their business model corresponds to another age. The future belongs to decentralized systems that are not controlled by a small group of people.
In politics, there were kings and emperors before we had democratic systems. In the digital world, we might see a similar evolution...
that Sir is quite insightful... so the kings of digital is FB and google and this power is to be returned to the masses ... i like it
I like that analogy .... it's time for an uprising ..
Lets call it the battle of the five kings ( O.K. I stole that from game of thrones )
Facebook - Reddit - Google - Instagram - Steemit and others like it.
All the hedge knights of westeros are with you ;-)
haha .. nice !
I think these companies will adjust, and be more transparent for example, giving control to users
what about their new equivalents in the decentralized world?
They will have a hard time competing
I think that platforms like Steemit will be the future👍 Centralized is oldschool😊
centralized does result in great products because you can hire a stellar team and paid them stacks... I wonder if there is innovation in decentralized models... there is no real strong economic incentive for us to innovation...
good
I'm not going to go into too much detail here for obvious reasons. When the Apostle John was on the Greek island of Patmos, he had the revelation about the coming times or 'last days' that we're in at the moment. Jeff Berwick, without realizing it , is part of the same vision/revelation. Very soon, no-one will be able to buy or sell without the mark, which is a sign of commitment and allegiance to the state. This will be in the form of a microchip implant in the forehead or right index finger (check out the prophetic book of Revelation). Jeff Berwick is a pioneer in promoting the alternative to the beast system with cryptos etc. In order to buy and sell outside of the coming system we need to be prepared. I'd recommend holding some small denomination silver bullion which can easily be used to trade with like-minded anarchists.