FB is an ad business. Changing their DNA to something else is very hard to do.
I had hope that Libra (now Diem) would bring them into personal finance. There are hard problems to solve and the industry is ripe for disruption. Every FB user could have a FB wallet. Remittance, Marketplace, loans, etc.. So many things possible across the entire globe. Not just in the West. They could eat PayPal's lunch.
Instead, Zuck turned his focus to the Metaverse. I really don't get it.
I had hope that Libra (now Diem) would bring them into personal finance. There are hard problems to solve and the industry is ripe for disruption. Every FB user could have a FB wallet. Remittance, Marketplace, loans, etc.. So many things possible across the entire globe. Not just in the West. They could eat PayPal's lunch.
Instead, Zuck turned his focus to the Metaverse. I really don't get it.