Mark Zuckerberg Looking to Decentralize Facebook

Zuckerberg, CEO of Facebook, is keen on the concept of cryptocurrencies. He will be analyzing the wave that has hit the global market, which are decentralized currencies. By researching on cryptocurrencies, Zuckerberg is looking to “fix” Facebook this year. He has posted on his Facebook profile that this will be a New Year resolution for him. In the last few years, many people have complained that Facebook has taken away their rights of privacy and other concerns that have caused them to run into trouble with governments. Zuckerberg likes the idea of decentralization, and that “power is in the people’s hands'”. He is worried that Facebook has become centralized and is in the control of the government and other higher powers and that this has made people lose faith. Zuckerberg is one of the many public figures that have joined the cryptocurrency force. We are interested to see how he will be “fixing” one of the most influential forms of social media today, by incorporating decentralized, peer-to-peer technology.

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