Facebook and Google OWN online advertising....if you think Facebook has to worry about Steemit then you are smoking crack. And if you haven't noticed the stock market has been performing just fine while the crypto market continues to crash.
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.if you think Facebook has to worry about Steemit then you are smoking crack.
ayuup...that certainly convinced me...
can't argue with such well thought out reasoning.
maybe you should go do what you think best?
If you are claiming that a new, unknown and unproven entity like Steemit is a threat to Facebook then the burden of proof is on you. You are saying the Earth is flat and I'm saying that's crazy...I have all the data in the world to support me so I do not need to present reasoned argument, I have the past and the present reality on my side...so the burden of proof falls on you. It doesn't matter how great Steemit is, it's just not established enough to even be in the same sentence as Facebook yet, way premature.
Funny thing..I tried to sign onto my CompuServe account . just the other day, Neither it, BIX or Delphi was working...Prodigy was down too.
Can you imagine that?
I wonder why?
Exactly, people thought MySpace was going to last forever. The numbers dont lie.
There is this old saying @nrad, "Nothing last forever" It's true for facebook and will be true for blockchain one day as well.
ahh, yes they do. you forgot Amazon btw.
However, a growing segment of the internet hates ads enough that they're willing to pay membership fees, or donate to sites they enjoy, or use small-time affiliate programs that their favorite sites partner with.
I mean, do you ever click on an ad willingly? I almost NEVER do--but then, I'm not their target market anyway 'cause I'm on here talking about opting out of it all ;)
I don't click ads either, and perhaps what you say is true but I was just stating the fact that they own online advertising. I never thought of Amazon as being a big player in online advertising, they are certainly a small player compared to FB and GOOG.
FB and Google were new concepts at one point in time too. The new idea is the danger to them, not the specific site. One of the blog posts will end up hurting them, maybe fatally. When they began censoring the postings they allow, they died, the carcass has just not fallen down yet. The people that will allow that kind of feces, are not the one generating content. The influx of content was their strength, but by very poor business decisions, they have killed that golden goose. Really it is simple, no matter what their size.
They had a small company that wanted into the calculator market years ago, but did noyt have they cash to design the five chips they needed to get their foot in the door. They could design ONE only. They came up with a design that was programmable and could be made to look like all five. That little company was laughed at for even trying to get into such a big company market. That tiny company was named Intel...new ideas are the core of future growth.