Now that Facebook and other huge players are (and have been) acting to get involved in the blockchain movement, I am concerned that this might lead to a steady 'hijacking' of much of the crypto space, as these huge actors could potentially influence the growth of their own private blockchain solutions over existing public blockchain projects. We know the power over the media these players have, and their ability to induce hype or FUD.
What do you guys think? Is this anything to be concerned about?
The big whales will always eat the small fish.In this case,crypto is the small fish.But anyway,Facebook wants a more secure way to store all the sensitive data they have.They don`t want to create a FBcoin or anything that looks like a cryptocurrency.Your concerns are pointless.