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RE: What a Facebook Blockchain Token Might Look Like
@contentjunkie Do you imagine Fbd? Facebook Dollars? that would be crazy! Facebook is super-centralized though... no chance to compete with steemit in this sense
Most people don't care about things being decentralized in my experience. In fact I bet they would feel safer storing wealth with a centralized name they trust will pay them back their money.
are you serious? you think decentralization is not a big deal then? decentralization and the blockchain will change the entire wolrd in my view!
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.