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RE: [Vlog] Facebook CEO Zuckerburg talks cryptocurrencies and decentralising power - should we take him seriously?

in #vlog7 years ago (edited)

Currently, much less than 5% of the world's consumers dabble in blockchain technologies and cryptocurrencies in one way or another. It was the same for internet and cellular technologies before the industry exploded in numbers beyond the professional forecasters' wildest imaginations, and totally changed the way people communicated with each other forever. When a revolutionary technology like blockchain reaches this stage, magic will happen to steemit beyond all our 'humanly' forecasts.

Facebook, given time, will lose its large customer base gradually to steemit. And, when the user numbers hit critical mass, you will see an exponential increase in steemit users every month, stealing sizeable market shares from other social media platforms, and inevitably facebook's fate will be sealed.

It is how market adoption works with time as long as there is a differentiable product (like steemit) ushering in new possibilities not available elsewhere. Make no doubt about it!

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Love your optimism! Let's hope it happens.