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They are about to launch their own coin[0] "For example, one of the most interesting questions in technology right now is about centralization vs decentralizat
by HugoDaniel 9y ago
They are about to launch their own coin[0]
"For example, one of the most interesting questions in technology right now is about centralization vs decentralization. A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people's hands. (The first four words of Facebook's mission have always been "give people the power".) Back in the 1990s and 2000s, most people believed technology would be a decentralizing force.
But today, many people have lost faith in that promise. With the rise of a small number of big tech companies — and governments using technology to watch their citizens — many people now believe technology only centralizes power rather than decentralizes it.
There are important counter-trends to this --like encryption and cryptocurrency -- that take power from centralized systems and put it back into people's hands. But they come with the risk of being harder to control. I'm interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services."
[0] https://www.facebook.com/zuck/posts/10104380170714571 https://www.facebook.com/zuck/posts/10104380170714571
- Gaelan 9y agoLooking into != launching soon or even ever.
- mliker 9y ago> There are important counter-trends to this -- like encryption and cryptocurrency ... How does this translate to "they are about to launch their own coin"?
- deleted 9y ago[deleted]
- aylmao 9y agoThis would be a pretty interesting move actually. Something like Brave's BAT comes to mind.