The founder and CEO of Facebook, largest and the most popular social networking platform in the world, Mark Zuckerberg, is now considering using cryptocurrency in his social media platform.
Zuckerberg is an active user in Facebook, everyday he has a regular post, one of which is these posts often include information about his present activities, such as his work with the Chan-Zuckerberg Initiative, a foundation he created with his wife, Priscilla Chan, or decisions to add new tools to the Facebook platform, but a recent post tackled a far more forward-looking topic: cryptocurrency.
In the said post, the Facebook top executive wrote that he challenges himself to learn something new each year, and a huge part of this learning challenge for 2018 seems focused on reexamining the role of technology to “give people the power.”
“I’m interested to go deeper and study the positive and negative aspects of these technologies…”
“[O]ne of the most interesting questions in technology right now is about centralization vs decentralization,” he wrote.
“A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people’s hands,” Zuckerberg added.
Also, the Facebook founder went on to lament how this potential seems to have been corrupted by some big tech firms and governments that instead use technology to monitor people.
Furthermore, Zuckerberg said he views cryptocurrency and encryption as potential tools for countering this trend, giving people back the power that’s currently held by centralized systems.
“I’m interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services,” wrote Zuckerberg.
Reaching on the specific details on the executive’s post, a spokesperson from Facebook told Futurism they couldn’t say anything about this topic just yet.
However, doesn’t mean it isn’t a possibility, and a cryptocurrency linked to a social networking site, especially one as powerful as Facebook, is certainly an interesting idea.