Mark Zuckerberg Says Facebook is Looking Into Bitcoin and Other Cryptocurrencies

Facebook CEO and founder Mark Zuckerberg said that one aspect of his yearly personal challenge will be to study cryptocurrency and to explore how it can be used within Facebook.

Zuckerberg published a Facebook post on Thursday in which he outlined his personal goal for 2018. The main goal is, essentially, to fix the problems within Facebook that have caused controversy. “We won’t prevent all mistakes or abuse, but we currently make too many errors enforcing our policies and preventing misuse of our tools,” Zuckerberg wrote. “If we’re successful this year then we’ll end 2018 on a much better trajectory.”

According to him, The technology could help Facebook stop being so centralised, he suggested

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“A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people’s hands. (The first four words of Facebook’s mission have always been “give people the power”.) Back in the 1990s and 2000s, most people believed technology would be a decentralizing force,” he wrote in a long post.

“But today, many people have lost faith in that promise. With the rise of a small number of big tech companies — and governments using technology to watch their citizens — many people now believe technology only centralizes power rather than decentralizes it.” Zuckerberg said in his Facebook post some hours ago.


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