Facebook's Zuckerberg On Decentralization And Cryptocurrencies

Justin Sullivan  Getty

Justin Sullivan Getty

Taking this statement into account, I'm not surprised Zuckerberg is shifting his personal goals to align with his new professional mission. 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".

In an awfully hackneyed new-years-resolution post, every-day-normal-guy Mark Zuckerberg took to Facebook to lay out some of the goals he hopes the popular social media company will accomplish over the course of this year. Facebook added the ability to send British pounds over Messenger in November past year.

But Zuckerberg also has little choice but to fix Facebook's problems.

In one remarkably candid post for Yom Kippur previous year, Zuckerberg apologized for "the ways my work was used to divide people rather than bring us together".

Zuckerberg then vowed to do a better job in enforcing Facebook's policies in the new year saying, "My personal challenge for 2018 is to focus on fixing these important issues".

Will 2018 be a good year for Facebook? In the USA, lawmakers have criticised Facebook for failing to prevent Russian operatives from using its platform to meddle in the 2016 United States elections.

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He believes this could turn away users, and admits that Facebook is making "too many errors" when it comes to user trust. Today, more than two billion people log into Facebook every month and it is one of the world's most valuable and influential companies-power that is now drawing enormous scrutiny. BuzzFeed News reported in June that at least 45 instances of violence, including shootings and other brutal attacks, have been streamed on the platform since December of 2015.

Following some deserved call-outs for misrepresenting his words, The Independent has since tweaked its title to suggest that Bitcoin "could come to Facebook in the future". The company has also published blog posts and white papers sharing details about the information it's gathered regarding inauthentic activity and steps it's taking to prevent and mitigate that problem.

There have also been troubling headlines for Facebook from overseas. "But that doesn't mean we don't have responsibility".

Just days after it was revealed that Peter Thiel's fund has millions of dollars in Bitcoin, Facebook's Co-Founder, Chairman, and CEO alluded to looking into cryptocurrencies and decentralization this year.

Zuckerberg explains that users are concerned that big tech companies and spying governments are crawling their Facebook habits.

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