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

in #vlog7 years ago

There is a possibility that Zuckerburg might be using SteemIT to learn more about 'how it works?' I think one of the blue whale will be Zuckerburg. I think he realized now that SteemIt is a threat to Facebook.
What do you think SteemIT is worth if Facebook wants to buy it?

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Steemit is just a tool to access Steem the blockchain. STEEM is the currency native to Steem and the market cap of STEEM is currently roughly 1,6 billion dollars. The market cap of Facebook is currently about 40 billion dollars. Zuckie would have to buy out enough of the whales to take over the code. He could do it but if he did it just to bury it, he'd have to keep buying up every similar blockchain that came after it. It's decentralize or die.

It's possible but unlikely that Zuckerburg is paying that deep an interest in Steem at the moment.

Guaranteed someone close to him is using & interacting here