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RE: Why Traditional Social Media Like Facebook Cannot Compete With STEEM

in #steem7 years ago

I like you optimism and I can only hope you are correct.

Yes, FB token is coming, so is Amazon's.
Big players are entering and they have huge following and huge influence.
Big money is in charge, big money is writing it's own laws.
If big money feels threatened, they will enforce on us laws, that prohibit this and that...

What I see is, battle is coming, between centralized and decentralized systems, between control and freedom. Who will win?

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I do not really think that the state authorities will allow Facebook, Google or any other organization relying on state services to negate the power of their central banks.

Interesting times are ahead of us, that's for sure. And no-one really knows the outcome, but we can speculate.
Btw, it is not what state authorities will allow, they are not in charge, it is, state authorities will do what powers that be will decide. Now, will powers that be clash or cooperate among themselves? I would say they are more connected that it may seems.

They all see common enemy they have, decentralization, freedom, democracy and in-dependency.

We should keep in mind that there are false friends as false enemies all around us.
An in depth discussion is not what is fitting into this thread.