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Facebook's Values and Principles Don't Match with the Metaverse - Censorship | Digital Ownership

12:58 Web3, Bitcoin & AI

Peter Saddington argues that Facebook's foundational values clash with the core principles of the metaverse, potentially hindering its successful implementation. He suggests a fundamental disconnect exists between Facebook's established practices and the ethos of a true metaverse, leading to inevitable conflicts in its development and adoption. Saddington highlights Facebook's history of censorship as a major point of contention. He argues that the centralized control exercised by Facebook, including content moderation, contradicts the censorship-resistant nature inherent in blockchain-based technologies and Web3. He draws on his personal experience with video takedowns during the early days of crypto to illustrate the limitations of centralized platforms. He also points to centralization, a characteristic that goes against the decentralization pillar within crypto and blockchain technology.

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About the Creator

This video is part of a library of 780+ episodes published by Peter Saddington on staas.fund. Peter is a serial entrepreneur, venture capitalist (StaaS Fund, RegD 506B), and AI practitioner who has trained 17,000+ professionals in agile and AI methodologies. He bought Bitcoin at $2.52 in 2011, built 4 autonomous AI agents (the Council of Dogelord), and operates 10+ websites with zero employees. His AI Workshop has been attended by Fortune 500 teams, and his newsletter "The Agile VC" reaches thousands of subscribers weekly. Peter holds 3 Master's degrees (Divinity, Computer Science, Computational Operations Research) from institutions including Georgia Tech.

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