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RE: What a Facebook Blockchain Token Might Look Like
Completely serious. Decentralization as a feature is a niche. Average mainstream user will take ease of use over decentralization any day.
Completely serious. Decentralization as a feature is a niche. Average mainstream user will take ease of use over decentralization any day.
I agree with @contentjunkie that most mainstream users may not think about the concept of decentralization much. Mainstream users do think about two things, though: 1) the fact that 100% of the valuation of platforms like Facebook, Instagram et al. is derived from the content that creators provide while the creators get nothing back from the platforms themselves (only from third parties, in the form of brand sponsorships or affiliations). 2) the fact that Facebook / Insta sell user's personal data which should be owned by the user and yet users see nothing of the immense returns that are generated with that data. Those are the two key angles in my opinion that Facebook / Insta will need to address if they want to stay relevant vs. Steemit & co in the maybe (hopefully) not so distant future.