I think social media platforms and financial institutions will go hard on Bitcoin in a couple of years. I think this is good for the industry. However crypto is more than bitcoin. The underlining technology that makes this possible --blockchain technology-- can be used for so much more. When the masses realize this, there will be a third bull run which will see many alts gain massive recognition
As per Twitter and Facebook, and most of the big institutions coming in, it's more about the money, not the fundamentals. Twitter and Facebook aren't going to be decentralized any time soon. Their involvement in crypto is basically for money. Everyone is trying to join the crypto hype. bitcoin has become a buzzword in the tech and financial sphere.
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I don't see that happening, ever, to be honest. Twitter said something about wanting to be decentralized but that was only for the media if you ask me. Facebook again, I don't see them doing it as they need total control over any data.
They are losing ground, which is good.
My point was about them paying employees in crypto, which could start an avalanche and I truly hope it will. I guess time will tell.
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I find it ironic: embracing crypto and not decentralization. That seems counterintuitive in the long run.
I hope so too. This space needs all the buzz that it can get.
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Greed, nothing else. They want to benefit, profit in any way and also be in control 100%. No worries as time will change them, they will be forced to change, otherwise no one is going to use their platform. People get smarter, make smarter choices.
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