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RE: [Vlog] Facebook CEO Zuckerburg talks cryptocurrencies and decentralising power - should we take him seriously?

in #vlog7 years ago

Facebook profits from centralization, not decentralization. All our data is hidden away and everything that is not advertiser friendly is censored. They neither need, not want a proper immutable blockchain. Also, they don't want to reward their users as they have the obligation to reward their shareholders. They are never going to do it in any way that we would recognize as better than meh as you put it. I also wrote a pretty long-winded post on why I don't think this is happening.