Facebook to lose money in the next 5-10 years

 The CEO of Meta, Mark Zuckerberg took to the media 2 days ago, and publically claimed that Facebook will ''bleed" a significant amount of money in the coming 5-10 years while addressing his investors.

Causes : 

While the blockchain technology & "The future of Social Media" i.e. Metaverse are looking pretty cool and useful, the world is not ready for them just yet. The change to WEB 3.0 is going to take time. It wasn't that just in a day we switched to cloud computing systems. That tech was almost 30-40 years old, and now the command man is making use of this tech. 

The blockchain fascination i.e. the crypto and NFT has attracted a lot of people towards blockchains, but people are yet to understand the full potential of this tech. So this means while people are getting ready for this change, the change causing companies will have to suffer quite a few losses over the years to come as there won't be enough people using that tech to create HUGE profits.

Effects :

The most recent effect to come will be the loss of investors for FB and they might have to manage their own finances, which is to say, more ads on Social networking platforms, their conspiracy theories and more trouble for the command man who seeks the days rest from the social networks.

But after 3-4 years, when the FB stock will be at its lowest, people will start to Invest more and more, cause after that bloom of blockchains, everything from modern art to regular finances is about to change and major profits will be lurking in the future.

What this means for you : 

Don't invest in blockchain techs right away. Give it some time to reach the everyday man.

But be ready for changes in how the banks work and how crypto is going to change the world currency as we know it.

Note:  Be ready for our blockchain exclusive TOMORROW.

Support Links : 

Bloomberg Reports

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