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RE: FaceBook Libra. My thoughts. Part # 03
Our personal data is an important asset in this age of information. Companies want to monetize our data. Probably the will give us some pennies for using our data.
I guess most of the data is used for advertising and surveillance. In the case of advertising, I think we need new business models that compete with these big companies without compromising our privacy / free speech.
This is a hard challenge for small companies (including steemit Inc.)
Competing with these big companies would result in a confrontation between David and Goliath.
An example of the battle without truce that they are willing to give is in the advertising censorship of crypto that Google and Facebook would deploy, thus overshadowing its competitors.
Maybe you'll do a "Steem" search on Google and you will not get results.