Founder and CEO of Facebook Mark Zuckerberg, according to Binance Weia Zhou, chief financial officer (CFO), wants to set up his own cryptocurrency just to take the cryptocurrency from their dominant position.
In this way, Zhou responds critically to speculation that Facebook Coin will come to the market in the second half of 2019.
Zhou is convinced that Zuckerberg does not want to establish his own cryptocurrency to support the emerging industry, indeed blockchain technology. He does it only to support his own monopoly with a centralized cryptocurrency over which he will have absolute control. With more than two billion users, it could create an unregulated "state" with its own domestic economy.
"The basic thrust of cryptocurrency is generally that blockchain is an open system that anyone can use to sacrifice their time and adopt that technology. However, I feel that (Facebook Coin) will be a closed ecosystem, ”said Zhou for Yahoo Finance.
As well as Zuckerberg, Zhou attended Harvard in 2014 and was among the first 2000 students to sign up for Facebook and help with its adaptation. According to Zhou, Zuckerberg, however, has never shown these students any thanks for helping him. It is allegedly his typical behavior and therefore he does not believe that he would act differently in the case of blockchain and cryptocurrency and would be interested in their decentralized idea.
"I was part of this community and I helped to contribute to the success of Facebook as well as shareholders or programmers who worked on it. None of these people received recognition, ”he said. "That's why people are leaving Facebook and are no longer involved in this."
Based on her experience with Zuckerberg, she thinks Facebook and his Facebook Coin cryptocurrency are far from having something to do with the real blockchain. ,, Facebook is not a community-led company. One person decides everything. ”
While blockchain and cryptocurrency support decentralization, Zuckerberg says he does the opposite with Facebook. "I don't think he's in his DNA to let it go (decentralized cryptocurrency )." His thoughts are very clear from day one when you read the book, saw the movie, you know what he is doing. Look at his way of life - when he stretched out, he bought every house in the whole neighborhood. ”
Zhou also pointed out the alleged difference between Binance and Facebook. While Facebook wants to create a cryptocurrency monopoly, Binance tries to help build the ecosystem of blockchain and contributes to projects that are not directly related to its activities.
Zhou's claims are not surprising. At the beginning of the month, the media reported that Facebook shareholders want Zuckerberg to resign as chairman because he manages Facebook as a "dictator" and has too much power over shareholders and CEO.
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