Mark Zuckerberg Interested in the Cryptocurrency Market
Famous Facebook founder and CEO Mark Zuckerberg showed interest in the cryptocurrency market. The Chairman and CEO of Facebook has shared on the social media platform his challenge for this year and it is linked to the cryptocurrency market.
Zuckerberg said that in 2018 he plans on taking "power from centralized systems" through the use of "encryption and cryptocurrency." The founder of Facebook also explained that one of the greatest challenges of the world today is linked to decentralization. He claimed that an issue that tech companies are facing is centralization versus decentralization.
It is a quite well-known fact by now that Mark Zuckerberg commonly takes these so called personal challenges each year. The Facebook founder revealed that the aim of these challenges is to help him learn something new. In his social media post, Zuckerberg revealed that he actually started putting up such challenges for himself back in 2009.
Facebook has over 2 billion users
The Facebook CEO said that 2009 was a difficult year, but Facebook was not only able to survive it, but the success of the company is huge nowadays. Facebook has more than 2 billion users and is in top three along with Google and YouTube.
Well, this does not mean that work is done for Mark Zuckerberg. He said that his company still "has a lot of work to do." The post went on to say that the social network has done many errors when it comes to enforcing its policies and making sure that its tools will not be misused.
However, of course, one of the main topics that Zuckerberg debated was linked to the area of centralization versus decentralization. He claimed that this actually is one of the most interesting topics in technology at the moment. This is where cryptocurrencies and encryption intervene according to the Facebook CEO.
Zuckerberg said that the cryptocurrency market has the potential to take the power from centralized systems and give it back to the people. Thus, he said that he will focus in 2018 on studying the technologies behind the cryptocurrency market, its benefits and its downsides.
Of course, for the moment it is not clear what Zuckerberg could be having in mind. However, interest from a huge company such as Facebook could only be beneficial for the cryptocurrency market.
