Mark Zuckerberg to study cryptocurrency to advance Facebook this year. Everyone from us has different plans and resolutions for new year with hopes. We make plans at the start of every year, in order to turn them into realty in a given passage of time say one year.
Mark Zuckerberg, founder of Facebook also sets his goals and resolutions every year, and then he shares a personal resolution for the new year every time.
In the previous years, Mark has shared many goals like reading a book, running a mile every day, building a personal AI assistant, or meeting new people and traveling to different states.
However, this year, to some extent his goal is different as he plans to focus on Facebook to fix the broken things.
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In his Facebook post Mark Zuckerberg, shared that;
His New Year resolution and strategy is to study the cryptocurrencies and other decentralizing technologies to improve and advance the experience of Facebook.
We all witnessed that Facebook has been under severe scrutiny over the US Presidential Election campaign and how the platform was used to spread and share false and fake news on the subject of the US running candidates.
According to it, Russian forces bought many ads on Facebook to propagate and publicize an agenda which created the high impact on result of elections.
Although at the initial Mark Zuckerberg initially keep away from the situation and denied such claim but afterward admitted that Facebook has develop into an extraordinary force in this modern age of technology.
In order to solve the issues, Facebook is surrounded with; Mark Zuckerberg mentioned decentralization and cryptocurrency.
He 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.”
He also shared his views on twitter with hash tags “studying $crypto” in hopes to help #facebook payments catch Asian rivals Alibaba Group and WeChatApppic.