Now that Facebook and other huge players are (and have been) acting to get involved in the blockchain movement, I am concerned that this might lead to a steady 'hijacking' of much of the crypto space, as these huge actors could potentially influence the growth of their own private blockchain solutions over existing public blockchain projects. We know the power over the media these players have, and their ability to induce hype or FUD.
What do you guys think? Is this anything to be concerned about?
What do you guys think? Is this anything to be concerned about?
there is not unless people will start supporting their blockchain projects too much at the expense of decentralization. I find it as a great news to seee the company like facebook joining the movement
That's what most concerns me- the VAST majority of people do not care one ounce about decentralisation, so when FB shows them their shiny new blockchain I think the hype and momentum there would be incredible.
I agree that more exposure is good for the blockchain movement overall, but it would be a shame to see some of the great decentralised current projects get displaced by corporate giants.
