Facebook CEO Mark Zuckerberg to Explore Cryptocurrencies and Decentralization in 2018

Facebook CEO Mark Zuckerberg to Explore Cryptocurrencies and Decentralization in 2018

Facebook CEO Mark Zuckerberg to Explore Cryptocurrencies and Decentralization in 2018

"There are important counter-trends to this - encryption and cryptocurrency - that take power from centralized systems and put it back into people's hands", Zuckerberg wrote. Zuckerberg wrote Thursday that he wants to focus this year on protecting Facebook users from abuse, defending against interference by nation-states and "making sure that time spent on Facebook is time well spent". But on Thursday Zuckerberg said his newest personal challenge will go beyond Facebook; he intends to also examine the role of technology in society.

Facebook declined to make Zuckerberg available for an interview. The company spent much of it on the defensive, explaining its bungled handling of fake news, graphic violent content, Russian interference in USA elections on its platform, and its overall contribution to divisiveness and polarization around the globe.

Zuckerberg is by most accounts a brilliant person, and by all accounts a wildly ambitious one.

Over the past 18 months, Facebook has been lambasted for allowing objectionable content, including violent live videos, and fabricated news articles to proliferate on its service.

REAL-LIFE X FILES What is the Government trying to hide from us about latest UFO findings? The admission sparked a rare set of congressional hearings where lawmakers grilled officials from Facebook, Twitter Inc. and Alphabet Inc.'s Google. Former Facebook executives have also blasted the social networking service for ruining public discourse.

Zuckerberg compared this year's challenge to the first one he did nine years ago.

Today feels a lot like that first year. So let's instead be relieved that one of the world's most powerful people is gradually realizing that his impact on the world has not been entirely positive, and accepting responsibility for that.

Facebook in particular has gained a reputation for being ruthless in its desire to squash its rivals. A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people's hands.

Last year, as part of his New Year resolutions, Silicon Valley figurehead Mark Zuckerberg pledged to travel across America. It's a departure from previous challenges, many of which have been more lighthearted. These issues touch on questions of history, civics, political philosophy, media, government, and of course technology. Zuckerberg ended his post saying, "This will be a serious year of self-improvement and I'm looking forward to learning from working to fix our issues together".

"If we're successful this year then we'll end 2018 on a much better trajectory", he wrote.

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