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RE: The Silver Lining - Ned and Bloomberg
The internet's got plenty of room for two or three new social media platforms.
It's Twitter and facebook that should fear the blockchains.
If anything, competition will lessen any threat from regulators. I'm sure napster would've benefited from half a dozen peers.
You don't want to be the only hen around when the fox gets in.
100% agree on this... in all honesty myspace is still around and has more users than steem, go figure. It's just not the default platform we think of when we utter the words "social media".
Facebook is having talks about implementing a crypto of their own (i remember a video about this) so they will adapt, they simply have to... Will it succeed? Will it crush the competitors again? That is a whole different story.
I could not agree more... regulations are around the corner, anyone who does not think so is unicorning big time.