Jimmy Wales/Wikipedia launching FB competitor

Resonate2

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Read this morning, posting here rather than FB forum cos I think this is a big deal and newsworthy.

Jimmy Wales from Wikipedia is opening up a FB competitor based on Wiki style practices.

Oh shit.

FB is in trouble. Not immediately, but it's happening.

I've been shifting my strategies and client spend away from FB for ...5 years?

Since I pulled my ad spend, my likes and numbers (organic) have gone up. (In some other post I'll talk about organic growth.)

However - without getting on the FB bashing thing, they have a series of weaknesses, some of which I contend are Historical Humankind Species Evolution level.

Said before , I say again, having one single platform for 99% of people to use as social media is as ridiculous as 99% of people being on AOL.com for email.

This is threshold stuff - not incremental. Nothing nothing nothing EVERYTHING is the way of it.

FB and almost all the mainstreamers have left themselves open to destruction.

Mesh/Cellular networks and local broadband, new satellite players etc are opening the bandwidth.

The 'hosts' of the party have turned into parasites - they sell your personal 'everything', in addition to the money they may through their ostensible business of service/adverts.

Humans are a combination of wise moves and complete stupidity.

However, trust is a big deal.

FB/Google/YT etc have started to erode trust big time.

Look at Twitter - canning all political ads was sharp as hell. They regained User Trust.

Wikipedia has, for all its faults, Trust.

FB is starting to look like the pervy weird Uncle at the part who is making the girls uncomfortable.

Also in a political sense, Zuckerberg has hired a lot of ex-Republican Party Apparatchiks to manage the 'political' social media aspects, and they're trying to emulate Rupert Murdoch's power from the 1980's to now. The money is unthinkable, beyond all measure. They cannot give it up. It's Billions and Billions of raw dollars,

And also - From outside the US.

And with Zuckerberg trying to create a Crypto, they're effectively creating a nascent 'Virtual State' with it's own currency.

One thing a wise man said to me years ago during early Internet Gambling stuff - 'Never, ever , mess with the State's revenue.' and by extension, don;t start arrogating powers of the state.Such work is best done in the dark, or subtly.

oops.

Facebook isn't smart enough to know when to back-the-fuck-off. Dorsey at Twitter made the smart move. Get out of the game while the state plays or you will get destroyed. When the elephants fight it is the grass that gets trampled

The US 2020 election is an existential one for the Western World, down to an Intelligence community level. These are the actual black hat players.

Dorsey went 'Oh fuck no' and got out. He also bought the user trust back by doing so. Thanks to Trump and this move, I can see a rebound for twitter, which I thought was on the way out.

My, how times have changed.

And now, for all the power (ostensible) and all the money (actual) and political favor FB have curried by hiring in the ex political operatives for megabucks (sweet sweet internet money) FB is precisely vulnerable to catching a common cold - Users depart.

Accounts remain...but ....they don't go there.

Jimmy Wales jumping into the mix is a sign. He sees the vulnerability and he is precisely the right vector for some damage.

Trust matters.

What an amazing time this will be in terms of massive variability. One day, sun rises on an Empire the likes of which the world has not seen.

The next, it's another step left behind as the users climb to the next level.
 
You lost your tinfoil hat? :P

I don't think Wikipedia will ever compete with Facebook. Facebook is a self sufficient comercial company and has been thriving, growing and innovating because there's a good amount of cash flow. Its competitor needs to be as self sufficient as Facebook. Google couldn't, neither could twitter (the later could not grow as big as fb). I'm starting to think there's never going to be a true Facebook competitor. Perhaps people will just stop using it/substitute it for something **different** altogether.
 
I'm starting to think there's never going to be a true Facebook competitor. Perhaps people will just stop using it/substitute it for something **different** altogether.

China has more money and power than Zuckz?
Errgg, I mean tik tok
 
There has been a growing niche market for "real news" social media that doesn't sell your data with places like Gab and Minds as examples. This is in it's infant stages, but should be interesting to watch or even participate in should one feel like becoming a big fish in a little pond.
 
China has more money and power than Zuckz?
Errgg, I mean tik tok
Facebook or china.

Americans:

dailystruggg.jpg
 
Isn't this the app that pays crypto?
You're probably thinking about Steem which is very tokens driven and mostly people posting to make money. Minds does have tokens, but only uses tokens to let you boost posts. It's basically like the Facebook boost only you can earn it by posting and being active. It's generally less money driven than something like Steem from what I've seen.
 
It's basically like the Facebook boost only you can earn it by posting and being active. It's generally less money driven than something like Steem from what I've seen.

Ohh okay, I think I've racked up alot of tokens the past year or two :D
 
You lost your tinfoil hat? :p

I don't think Wikipedia will ever compete with Facebook. Facebook is a self sufficient comercial company and has been thriving, growing and innovating because there's a good amount of cash flow. Its competitor needs to be as self sufficient as Facebook. Google couldn't, neither could twitter (the later could not grow as big as fb). I'm starting to think there's never going to be a true Facebook competitor. Perhaps people will just stop using it/substitute it for something **different** altogether.

I accept my Tinfoil Hat status :P I've been suspect of FB for so long I have started to sound like the grizzled Miner in some ancient western...''hoo hoo....dem hills....dey's pavvvvvved wit gold, hee haww...'

lol
 
You are number 36811 on the waiting list ;)
seems like they don't have any mobile APP
I don't think many people will prefer to spend 100$ every year to use this platform.
Let's see what they got inside
 
Don’t think they be able to effect Facebook it’s too late

Myspace.
ICQ
AOL

FB may be too big to dinosaur out. I agree.

If I could accurately predict each state change I'd be lying on a beach earning 20% :p

That said, it's not inconceivable that FB can tank, and the signs are enough to make me consider opening my mind to other pre-cursor signals that they are in doo doo :-)
 
You are number 36811 on the waiting list ;)
seems like they don't have any mobile APP
I don't think many people will prefer to spend 100$ every year to use this platform.
Let's see what they got inside

I agree. I'm gonna jump on it though and see where it leads.

Won't be my first time investing in a site that later sinks into nothingness :-) However...it's got my interest, and if I am right, it will be ideal for organic marketing.
 
Won't be my first time investing in a site that later sinks into nothingness :)

go ahead and give it a shot, let our community know if it works ( or let me know personally :D ;))

and wt.com domain is for sale :rolleyes:
 
Won't be my first time investing in a site that later sinks into nothingness :)

go ahead and give it a shot, let our community know if it works ( or let me know personally :D ;))

and wt.com domain is for sale :rolleyes:

I'm up for posting the results I get, but I think it will be borderline for now but a first mover advantage in a years time. The first users will be hard core and probably redditors :p :P
 
I am eager to see how many people pay the $100 a year, I see a massive opportunity now before rules start being issued. “Thinking how can I make $ by getting in early?”
 
I am eager to see how many people pay the $100 a year, I see a massive opportunity now before rules start being issued. “Thinking how can I make $ by getting in early?”

yeah but the first changed users will be 'internet woke' - think about trying to penetrate Reddit or other forums.

'Say stranger, whereabouts did you say you were from? We don't like your kind 'round these here parts'

They are hyper paranoid about self promotion. Wouldn't be surprised if that's the first wave.

So you'll have to be subtle subtle. Or direct - sometimes direct 'I'm self promoting unabashedly' will work too cos...'trust' concepts again :-)
 
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