A Facebook Cryptocurrency? Really?

The potential for an ICO surrounded around a Facebook cryptocurrency may have increased with recent statements by the CEO of Facebook, Mark Zuckerberg.

He hinted at that possibility in a Facebook post in which he declared he would be pursuing learning about blockchains and cryptocurrencies and exploring how that might fit into Facebook.

Will There Be a Facebook Cryptocurrency In 2018?

Facebook founder and CEO Mark Zuckerberg remains a popular figure on the social media platform. He posts regularly about a variety of activities, including his work with the philanthropic Chan-Zuckerberg Initiative and his ongoing work on the Facebook platform. A recent post drew unusual levels of attention, though, and it has to do with the company’s potential involvement in the hottest trend: cryptocurrencies.

Zuckerberg previously explained via a Facebook post that he aims to learn something new each year, and a post for the new year explained that his challenge for 2018 would focus on exploring how technology can “give people the power,” according to Futurism. (See also: Zuckerberg Studying Cryptocurrency to ‘Fix’ Facebook.) Some are interpreting his post as a suggestion that Facebook may add a cryptocurrency service.

Centralization vs. Decentralization

“One of the most interesting questions in technology right now is about centralization vs. decentralization,” he wrote. “A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people’s hands.”

Zuckerberg explained his view that the potential for technology to help empower individuals has been subverted by a number of big tech companies as well as governments.

Read More at Investopedia

About Paul Gordon 2932 Articles
Paul Gordon is the publisher and editor of iState.TV. He has published and edited newspapers, poetry magazines and online weekly magazines. He is the director of Social Cognito, an SEO/Web Marketing Company. You can reach Paul at pg@istate.tv