Libra might change lives for the better – but also open all kinds of interesting discussions.
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Zuckbucks or Bust: How SEC Rulemaking Hurts Startup Cryptos and Favors Big Tech
Internet TechTokensJune 7, 2019
SEC guidance has created a more attractive environment for regulated tech firms like Facebook to offer proprietary cryptoassets integrated into their existing products that can be legally traded on existing crypto-exchanges as non-securities. Meanwhile, the SEC has targeted startup cryptos for increased scrutiny.
Facebook’s pivot from advertising to a more privacy-focused community will feature among other things a blockchain based payments play.
More details have just emerged regarding Facebook's cryptocurrency project, perhaps giving us the most insight so far on the direction they're aiming to take the project.
The Anti-Network Effect
by marcell
“As social media platforms grow stronger they grow weaker too. This will eventually open the way for a meaningful alternative to Facebook. Despite waves of privacy concerns, Facebook has a powerful grip on us all. The ubiquity of the platform and the time invested in building connections deters people from leaving and in turn deters would-be rivals from building alternative platforms. Facebook benefits from the asymmetry of being a media company that does not produce...
Automated Messages are coming to social media, and if social media is to survive, it surely will not be in its present form.
Facebook Can’t Be Fixed
by marcell
In its drive to ever increase revenue, Facebook is forced to monetise its users. The problem is systemic and can't be fixed. Facebook might break apart.
The Social Media Giant Is Set to Introduce Its Own Cryptocurrency That Could Change the Way the World Transacts.