Facebook announces content reward system! Is this the END of Steemit as we know it?

in #mgsc7 years ago

facebook2.pngDo you think this is the END of Steemit?
That's it! Just like that your Facebook friends are going to make you rich!

These riches don't have to leave Facebook ecosystem either as they can be used in Facebook marketplace. And the process couldn't be simple!

As the ad shows, you simply link up your account at dollar-faces and you are set!

Facebook’s algorithm will track your Facebook activities and convert them to FDs (Facebook Dollars) and put them straight into your dollar-faces account.

Can Steemit stand a chance with such a move from Facebook?!
As the intelligent Steemians would have suspected, it is obviously a fake, however, it is an idea that has been lingering in my head.

Now, think about, is it not possible for Facebook to just come out and say "we are starting a new BlockChain/decentralized platform that will allow ALL users to monetize their existing activity on Facebook?"

Facebook is a multi-billion dollar company with 1.94 Billion subscribers, that is 99.99% more than Steemit's 250,000 (July 2017 count) users.

Companies like Google, Facebook, MicroSoft are known to EMULATE (fancy word for copying) ideas that stem from disrupting technology ideas from small players, like Steemit.

If Facebook (or any company with resources) throws 10% of its reserves and resources to such an idea then it won't take long for it to gain traction since they have direct access to the major media outlets.

The need to make Steemit BIG is immediate!
There are lot of people in here that are doing a lot to accomplish this (shout out @aggroed and many others that are doing it) but more needs to be done.

I have few ideas, that I was thinking to include in an article titled Steemit Treasure Hunt, however, it seems fitting that I include those ideas in this article that I want to float with fellow Steemians to see if they like them (and help take these into the real world):

UBER/LYFT/OLA (India)
Next time you are taking a Uber or Lyft ride or even a traditional cab, give your tip in an Steemit envelope with a simple note like this one:

I earn money because I joined Steemit.

Steemit is like Facebook that pays you for what you already do on Facebook or other social media. Make money during the time you wait for your next ride. You are going to spend that time anyway, why not spend it on Steemit to make some https://steemit.com/steemit/@rkreddy/facebook-announces-content-reward-system-is-this-the-end-of-steemit-as-we-know-it

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when it comes

I upvoted and commented ...
hope you do the same on my post..

Facebook bound to do so otherwise they lost their market.