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I opened a FB account about 4-5 years ago to see what it was all about, got bored with it within a week. Egocentric idiots mainly, same twaddle for twitter and the various clones. My mobile has links to all of them on screen, never use any. In fact I rarely use the mobile and I've got two (work requirements).
My wife uses LinkedIn but that is business oriented and it has been very valuable in that area for her career. Just shows you that used correctly for the right purpose it can be an asset.
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