TIMELY UPDATE; Weighs In On What The Latest Market Trend Means For Facebook By: John Allen

It probably comes as no surprise to you that Mark Zuckerberg is always paying attention to the latest market and technology trends.

Recently Zuckerberg has acknowledged that “A lot of us got into technology because we believe it can be a decentralizing force that puts more power in people’s hands.”

With all the government spying making the news recently, that doesn’t sound quite right does it? Let him finish…

“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.”

“There are important counter-trends to this – like encryption and cryptocurrency – that take power from centralized systems and put it back into people’s hands. But they come with the risk of being harder to control. I’m interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services” – Mark Zuckerberg wrote.

Perhaps Mark is going to delve into cryptocurrency further, but we still don’t know what his plans for it are for Facebook.

“Going deeper” into cryptocurrency as he says is no small feat, as we’ve recently discovered.

We’ve recently seen not only the rise of Bitcoin and the ever turbulent crypto markets, but also the minting of several alternate coins – altcoins – each similar to Bitcoin but with their own unique characteristics:

• Greater privacy

  • More efficient profit from mining
  • Faster transactions
  • More relevant regulation
  • Registered in a jurisdiction more friendly to alt-currencies

This has got the financial markets in an interesting position which we’ve never seen before.

It understandably has many people feeling very unsure, and so were we.

But we’ve done a lot of the legwork for you, sifted through the garbage to find the gold, and…

We’ve laid out a FREE report on where we think the markets are headed given these recent developments.

3 thoughts on “TIMELY UPDATE; Weighs In On What The Latest Market Trend Means For Facebook By: John Allen

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