Facebook Founder Mark Zuckerberg Planning To Study Cryptocurrency And Decentralize Facebook

Big news come from Facebook’s CEO Mark Zuckerberg, announcing that he plans to study cryptocurrencies and other decentralizing technologies in order to improve the social networking service that he co-founded.

Zuckerberg outlined this announcement in a Facebook post, saying that it is his ‘personal challenge’ for the year ahead. According to the post, he aims to study the “positive and negative” aspects of cryptocurrencies and encryption.

Zuckerberg also noted that his theme for the year is to focus on fixing issues in technology, media and government. As he said, “I am looking forward to bringing groups of experts together in order to discuss and help work through topics like these”.

However, it seems that cryptocurrencies are of particular interest to Zuckerberg and that decentralization is a thought that he plans on mastering and potentially using in the largest social media network in the world.

The ability to create valuable, global peer-to-peer networks is what Zuckerberg is praised for. To him, cryptocurrencies are currently one of the most interesting questions in technology right now. As he said in an interview, decentralization could be a leading force in technology – and the world should remember that.

He also said:

“There are important counter-trends to this – like encryption and cryptocurrency – that take power from centralized systems and put it back into people’s hands…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.”

It’s true that Facebook got to the point where it is by adopting the latest trends in technology. Still, many people are asking themselves if that is what will happen with cryptocurrencies and their decentralizing force. At this point, nothing is impossible.