Facebook? Let Us Get SeriousSeptember 22, 2016 10:58 pm
It is indeed funny, that in 2016, planet earth values a company whose core asset is everyone’s personal and social data, at 377.32 billion dollars. One central entity, that is a place for people to share stuff. 377.32 billion dollars. Seriously? In 2016?
Let us all get serious. It is not like decentralized technology to replace this stone-age centralized social sharing model does not exist today. We don’t need a dotcom to share our stuff now, do we? We are all walking around with supercomputers in our pockets.Let us just move our social data to some P2P stuff built on Ether or some other blockchain or something.
And most importantly, take back the 377.32 billion dollars and decentralize it. It is high time we did that.