jg21 writes "In this analysis of the psychology of Facebook, a British FB user makes some telling points about how simple the reasons behind its success are. Among them, fear of 'online social failure' features prominently. From the article: 'Facebook also digs away at the insecurities in people...your peers can see your profile on Facebook, and while they may have 50, 100, 200 friends they will mockingly see that you have a pathetically small number, confirming your worst fears about the low opinion they have probably held of you over all those years etc.'"
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