When Google began to contract with Australian news services to pay for content displayed on their site. Considered then a “shock” move, Facebook has doubled down and will ban Australian media outlets from posting or viewing platforms in Australia as well as internationally as there is no Australian news on their platforms. It's fun.
When the decentralized world is learning to organize itself. The central world is becoming increasingly chaotic, as everyone is beginning to realize that the value of the internet has been commanded from under their noses. What is happening now is that there is an attempt on the part of the people around them to grab some of that price, which will result in huge upheaval and cost, because they are locally. Negotiations on agreements all over the world need to start.
Both Facebook and Google rely on internet advertising models for their earnings. That means they need to pay attention to their site to make money and it is their monetization that also attracts investors. If attention is reduced. Over time their associated revenue decreases and they become less attractive as an investment vehicle. It is understood that a few big-ish companies like Tesla, Apple and MasterCard are rocking the crypto pool, as they do not monetize them in the same way. They sell goods and services and pay extra, not making money from sales, not advertising space. Because of this, they are quite platform agnostic. They will use the platforms where the eyes are. Currently, it’s definitely Facebook and Google, but it doesn’t have to be.
Since decentralized networks and blockchains can work much more efficiently with their development. So the middleman will be able to avoid a lot of service costs, bringing the supplier and the customer together. Not only that, there will be more competition in the supply of essential services. Rather the giant gatekeepers will force everyone to use their gateway holding barrels.
পছন্দGoogle and Facebook's choices have effectively taken control of Internet monetization earnings and for a very long time they have been able to grow uncontrollably. But now their goal is to pay more for the pound. They top heavy models and they start to lose such revenue. They have to streamline investments to be able to provide attractive ROI. Once they start losing sight of the growing amount of content they pay for, all sorts of interests start to turn elsewhere. They certainly don’t fail too big.
As I was telling a colleague today, what it takes to destroy an economy is to use it. And this is especially true of platforms that rely on advertising revenue. In 2020, advertising is 97% of Facebook’s revenue and that’s about 70% for Google. Paying a small amount for the news doesn’t seem to be a problem though. They also realize that once they start, “we want ours too” and all industries are going to knock on their doors to open the floodgates. Every claim on their profits is somewhat far from the ability to attract investors. Every time users move on to a new platform, they lose sight of the transaction and, in the end, the core of their business no longer sustains their structure. Because advertisers are not getting a refund on their expenses.
Although crypto is often involved in mining, effectively what it is doing is hurting economies in multiple ways. As it attracts investment from firms that can spend it elsewhere, it transfers worldwide value to the exclusive Stronghold Bank and reduces the need as DFIs begin to gain traction and give the average person access to only the tools that precede the big players. Service.
One transaction at a time, the world economy changes because of its large parts. Increasingly used will reduce the value of those parts that can enjoy high investment and interest before zero. This is because as the natural evolution of business we change our behaviors as consumers, often putting pressure on the economy. People are tired of the growing divide between rich and poor, they are tired of rich porn and they are struggling to feed their families. Exhausted to make a living by the shaking of the corporation.
All they need to do to improve their condition is to change their habits and with that, the average person will become interested in life again. Others will be interested in the possibilities available and the idea that they can actually make a difference for their own future. When the interest in life and the potential fire in society. The word resistance to change comes down and things can move really fast.