Can online platforms like Youtube and Facebook really be decentralized?

[Sapphire915]

Despite the fact that the world now is fully digitalized, I still dont believe that Facebook and YouTube platforms will be decentralized. This two largest social media networks had been run by a group of people for several years and Its impossible that they will make decentralization with this two platforms. There are a lot of things to consider before implementing such kind of management innovations, and the main factors to consider here is the advantages and disadvantages of decentralizations for this two largest social media platforms to all the users worldwide.

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[globalcitizen]

Yes, it's very possible to have such platforms fully decentralized. However, I believe you won't expect that to happen because non of them will interested in going towards that direction. This is because full decentralization often leads to loss of control and non of those billionaire owners would want to lose control of the platforms they have built over the years that have made them what they are today. Yes, YouTube and Facebook can be fully decentralized but that's not going to happen.

[dondonk]

Decentralization in this case is all about cryptocurrencies. If you want youtube / facebook. I think the system will be centralized on one server. I still can't imagine if their system is decentralized. unless they issue their coin / token which is crypto based. If you think everything will be decentralized, I think maybe it will in the end. but it still takes a long process to get there.

[bitterguy28]

Well let's see how it all pans out. Facebook is looking to launch its own crypto Libra. A lot of controversy there at the moment but we will see

Nope facebook and Libra are doing their moves to keep distance from each other as Libra is now changing Name "DIEM"  i don't know whats the real score about this action but at least clarifying that this tend to separate libra from Facebook,So this might be the reason from facebook decentralization .