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RE: Will Libra Help Steem, or Hurt it?

in #steem5 years ago

I'm not convinced FB will really be in the interest of the entire cryptospace just like has no interest in providing any sort of organic reach even though it has is 22% of the worlds refferal traffic to other sites. They will do the same and cut out middle men and as consumers and users get used to it they will continue to squeese because you have no choice but to use the service, eat into business margins and we will see wide spread business failure in my book.

Im not anti-innovation but power like this that goes unchecked is likely to not be a good thing

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I'm not a FB fan but I have mo problems in using them to gain advantage, just like i did in this experiment. If i am happy to use them, it would make sense for them to be happy to use what they feel will give them an advantage. That's business.

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