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?
Well in order to take part in most alt projects you need capital... So the rich (banks, big corp etc...) can literally "hijack" this space whenever they want.
It actually is already happening for example look at bitcoin. Its mostly generated and hold by a few rich miners. Look at ripple, its #3 right now and it is a centralized project working with banks.
The only way to keep crypto "pure" and decentralized is if people adopt such solutions and the creating teams airdrop equally the tokens like in a way similar to universal basic income.