Decentralization gets rid of the middle man. How do you propose Facebook intends to remove themselves from being in the middle between advertisers and users? That is how they make money. They may come out with facebook coin that exists on a blockchain. But, facebook itself will always be totally centralized. Therefore it is doomed to fail when blockchain popularizes. Zuckerberg is scared!
You are viewing a single comment's thread from:
Of course it won't be decentralized, but it will be incentive enough for millions of returning users wishing to make a quick buck by posting about their lives. A paid upvote system is possible without decentralized blockchain. Most people will not care as long as they get a few cents for their posts.
Of course a system like this cannot be compared to censorship free, decentralized STEEMIT platform.
It doesn't get rid of anybody in the middle. There are plenty of people in the middle who run the whole system (those people aren't volunteering their time) and there are still the fat cats at the top.