THANKS😁, very helpful. Hypothetically speaking, What would happen if Facebook attempts to make users earn a percentage of the proceeds from their data, or even outright sell their data, do you think steemit and SMTs be threatened by such a development
Yeah, I personally think that any crypto play made by a major social media site, especially Facebook, would be dangerous to Steem/Steemit. That said, I think that Steemit has already begun establishing itself as a site to be loyal to. But it definitely needs to get to things like SMTs sooner rather than later so that site's like Facebook can't attempt to snub them. :)
https://www.bloomberg.com/news/articles/2018-04-10/youtube-and-facebook-are-losing-creators-to-blockchain-powered-rivals :)
THANKS😁, very helpful. Hypothetically speaking, What would happen if Facebook attempts to make users earn a percentage of the proceeds from their data, or even outright sell their data, do you think steemit and SMTs be threatened by such a development
Yeah, I personally think that any crypto play made by a major social media site, especially Facebook, would be dangerous to Steem/Steemit. That said, I think that Steemit has already begun establishing itself as a site to be loyal to. But it definitely needs to get to things like SMTs sooner rather than later so that site's like Facebook can't attempt to snub them. :)
Well said, I couldn't agree more 👍
Thanks for the link 👍