Why blockchain is set to kill Google and Facebook

When we talk about the Internet, we all know how simple it is to use it. We use Google for search, Facebook for chatting, Amazon for shopping and YouTube for watching videos.

Most people find it almost impossible to imagine these companies may disappear one day. I have to admit, I also thought the same. But then I learned about the blockchain. No doubt the blockchain technology is the revolution that is changing the world. In fact, it is probably is the most important invention in computing in a generation.

This is exactly why I am so excited about Steemit. It’s a revolution of social media and it’s on a whole another level. Moreover, there are other projects now, like Nebulas, which is the company that is building a decentralised search framework. We already have DTube and I am sure that it’s not difficult to imagine a decentralised Amazon.

So why aren't Facebook, Amazon and Google doing more with blockchain technology? The answer is that the blockchain party has only just begun and tech-giants are not paying that much of attention. Telegram are far more flexible and this is the reason why they will be announcing the ICO.

There is still a huge potential in blockchain. Most bloggers and YouTubers don’t even know about Steemit. By the time most people get to learn about blockchain, there will be many companies that will be able to compete with the biggest tech-titans and may potentially make them irrelevant.

To summarise my opinion, I have added the work by Andrei Lucatusu who imagines the decaying ruins of social media.

And what do you guys think?