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RE: Facebook Is Coming For Steemit

in #blog6 years ago

I don't like the sound of "GlobalCoin" at all. Ages back I thought they'd maybe call their coin "FaceCoin". But seems to me FB is after being a global currency, and thus, if it works for them, even greater domination of the internet - not to mention far more data gathering.

Idealistically, I've long hoped that crypto / Bitcoin / blockchains would one day take down the dominance of the tech giants. Maybe this will happen. We'll see....

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Agreed. If they succeed in integrating payments, it's only going to make them bigger and more intrusive.