i thought of that with a friend some days ago... after long deliberation we found no answer. you'd say we would be rich by now if we had come up with something.

Virtual currency is pretty much where things are going if you think about it. Granted, at this point, it has started with menial things, but there is a reason they are doing it, especially with the amount of people that use their service (even if a small percentage use virtual currency, that is still significant).

The problem for "Facebook competitors" is older genrations have latched on to Facebook, which is pretty much what no social media service has done before, and has grown to a staggering size. My grandmother and grandfather are on Facebook for heavens sake, lol. Also, considering the sheer amount of personal information on Facebook, that makes them a VERY valuable company, and beyond their estimated $67 billion value. Some unkown company isn't likely going to pop up and hurt them (like Diaspora), unless they have an insane strategy.

An idea alone would not topple Facebook, Or else Facebook would likely just use a similar idea or buy off the competition. Now Google on the other hand would likely be the one to fear if there were to be a competitor, as they were considering an equivalent, though with recent events they are playing together quite nicely. And at that point, Google might buy off some competition, or someone else. Especially considering that while Facebook is not perfect, their system is pretty good. And Buzz didn't turn out so well, lol.

That is not to say Facebook is invincible; far from it. But it isn't a run of the mill social network like many people seem to make it out to be.

Exactly what I was thinking, the EU would Nuke both Google and Facebook lol