Mark Zuckerberg knows he has got problems. His beloved social media platform is now dying and he knows it. It will become a victim of its own success, and greed will play a part in its demise. Zuckerberg has profited handsomely to the tune of some $71 Bn due to the fact that every content writer on the platform did the work for him, as well as drove traffic to the site, where he could then clean up with big advertising revenues.
The last couple of years however, has been a rocky road for Facebook, with lots of people abandoning Facebook due to its constant banning of people and its censorship of posts. One other thing that has put people off the site, is the fake profiles,vanimal abuse videos, random violence and people doing the most ridiculous thing's captured on video just for 'likes'. This has made it a very unpleasant and narcissistic environment. There is also the problem of it being a snoopers charter and a place where employers can check up on you, as well as a stalker's dream. Facebook have effectively become the guardians of 'free speech' - their rules mean that free speech isn't at all free any more and they can stop you getting your message or content out at any time if they don't agree with it. They set a dangerous precedent, and I'm glad to say that it is biting them on the bum!
It remains to be seen how this will affect Steemit. Time will tell I guess, but if Zuckerberg is reacting ( he has dedicated the next year to fixing Facebook) then watch this space. The next year should be an interesting one for Facebook blockchain and Steemit. Two social media networks, but both at very different stages of their development. One on the up (steemit) and one on the down. ☺
https://www.coindesk.com/facebook-blockchain-token-might-look-like/
