Bitcoin Forum

Today Elon Musk closed all of his company pages on the site and Cambridge Analytica is in a lot of trouble: https://medium.com/algebraix-data/will-data-privacy-be-the-death-of-facebook-3adb383a9aae

With that said, I think we all know that our personal data is being used for profit. This really begs the question: how can we protect our data??

I think that these recent events have opened the door for projects like Algebraix where they're a permission-based advertising platform. You get paid to watch ads and provide info for advertisers. https://algebraix.io/

Thoughts on this??

I think they are really in a big messed here and to do damaged control. He immediately shut it down to prevent further complications of the said issues.

I think this is the part and parcel of new technology, everyone is really expose and could be exploited without us knowing it at the background. With the advent and advancement of technology around, its really hard to have our information protection, as one time of another we have inadvertently giving too much privacy than can be exploited. I guess everyone should really be careful and this messed should give us a good lessons to protect our data at all cost.

I am sure there will be a lot of headlines like this one coming up for other big companies or people who currently use Facebook as they need to make their statement.

The question is, will they stay gone? Most of the supposed outrage over this is fake as basically all companies use and abuse the user information they acquire.

I suspect many of the Facebook defections will quietly re-enable their accounts some months down the road after the news cycle has completed.

That's it. FB is heading down the drain fast.

I was saying on reddit that FB was around for lke a decade or so, and in internet terms that's almost three decades.

They had a really good run. No need for Zuck and his peeps to try to hang on to a sinking ship. They made billions. Just exit.

I've never run a super successful company like that (who has?) but I can't understand why they don't want to just drop ship. Like, how much money could you really need in this life that you'd stress over that much just to save a company that's already made you that much money?

But then again, without FB, I'm not sure where people will flock to. Twitter and IG are probably the most popular social media after FB, but they're only good for flash updates and pictures. FB was the "wholesome" social media that had the profile pic, bio, everything like that.

WILL MYSPACE STEP IT UP? XD

I just read this 2 hours ago. I also have this  ;D
https://znews-photo-td.zadn.vn/w660/Uploaded/ynssi/2018_03_23/Elon_Musk_has_deleted_Tesla_and_SpaceXs_Facebook_pages_after_Twitter_challenge__The_Verge_20180323_235523.jpg

He deleted  Tesla and Space X facebook, as a man does. Maybe you don't know that facebook use user's information to earn money daily but you receive back nothing. Time to quit facebook and join some other social platforms.
Some of my suggestions are,
steemit.com - pay for what you write.
Friendz - pay for your pictures.
and others platforms are under developing

Facebook seems to be entering deep problems, and I am really happy for that.
As a company that few weeks ago decided to block all cryptocurrencies related ads, they just destroy everything that may aim to kill their business, and they are not open for anything new.
After the security measures in Facebook that revealed a lot of users profiles, now Elon Musk leaving is a huge mess for them, would be happy to see how can they get out from the situation.

I do not bother about my personal data in social networks including Facebook. But I do not use Facebook in bounty promotion actions because there are a lot of demands to your acc and it could be simply banned!

Facebook is now getting big turmoil, with so many important people in every country that set it up, this is a big mess for Facebook right now, there is news that will involve important people in every country to discuss this issue.
of course the incident faced by Facebook is against the law that already exists in every country that is agreed upon.

Even I just read that Elon musk deleted his facebook pages don't quite know was it for data leak or something but yea he deleted his pages. Recently I have also been reading about this Facebook data leak and it is sad to see how our data can easily be leaked from social media pages. In these current days of the Internet and social media leakage of personal data has always been a hot topic. Honestly whatever we try to encrypt the users data there would be someone sitting in a room finding another way to leaking the data.

Data leak is a huge factor. But Facebook is the world's largest social media site and the most popular by those glitch Facebook will be more secured.

I never had a facebook page. I hated the fact how they were being financed and how big of a puppet Zuckerberg was. Not to mention the censorship...
I'm glad people are starting to wake up. We are going the wrong way with all this social media hype. Long ago they had to put some effort into finding out what you're spending money on, your habits, places you visit, people you know. Now you're serving it all on a silver platter for agencies, stalkers, thieves and so on.

It's not a leak. They allowed for that company to use them to gather data. This did not happen overnight, they were gathering data through a survey that FB kept there. And all this while they're censoring people's comments and closing profiles if they like it. Youtube is doing a similar thing. Musk made a good choice, privacy should be a priority for us.

Somebody is finding a way to leak our data? :D
It's not like that. People want the world to see their personal life and don't realise what this may lead to. Like with "the fappening" or some other case where private photos or videos of people got out into the public and harmed their image.
In this case the data was used by Russia to target FB users with political advertising.

Well,for years there have been concerns about how user data can be protected from passage on to third parties.We have come a long way to still have our data circulated and used by people we don't know and worse of it they make money we won't have a share in.Lets see how this project helps solve this.

Elon musk got iron balls. The show is just starting.

I see the main flaw as being the structure of our political systems. Political success and survival are measured in terms monetary profit rather than serving the public good. Politics is often defined in terms of being a race to the bottom where politicians who are most willing to sell out their own values and morals will have the greatest success and highest likelihood of survival. Circumstances need to be re-structured away from special interests and lobbyist funding defining which laws are passed and how things are prioritized for issues like data sharing to get the attention they deserve.

The media and sources of information dissemination also need to become more independent to ensure there's less of an agenda being pushed and that people are better informed and able to make better decisions / support the correct policies. If it ever happens, it'll be a long hard road and there is no quick fix or magic solution to fixing everything.

This is my main concern on putting up personal informations in online world because anytime those things will surely have data leak, since they do have all the access when It comes to personal informations of a certain individual and if they do like to get some info then they are capable enough.Talking towards this decision then its his own choice since we do know the risk on data leak which isn't really surprising and this is why I don't really put up valid information about me even on fb.

I saw that there was a way to export the data they collect on you. I also do see lots of potential in algebraix and their whole idea. Will have to look into this. Does anyone know their website/telegram/ann??

how can we protect our data??

I want to answer.

of course, not using facebook. This is the best solution..

we should not even use a social platform,  except for the bitcointalk forum :)

Isn't it obvious? Google, Facebook and all the websites that we input a search on, even our browsers are selling us! Haven't you guys noticed that if you searched, for example, baby clothes every ad you will ever see is about baby products! The problem is that they are also colluding and selling to each other the data. Another example, if you search on Google baby products, when you get on your facebook, all the ads you see are also baby product! That's just plain scary! Last example, when you go to a particular website like toysrus.com without using a search but just plainly visited the URL from your chrome browser for the first time, when you get back to Google and Facebook, what do you see? You guessed it, ads for toys!

Protecting data? FB and google is clearly an open window of information that is truly expose to the whole world, but if you want some protection. I suggest this kind of newly project, the GPCC - this one is unique based crypto currency business. Global Protected Crypto Copyright (GPCC) offers a decentralized service that utilizes the advantages of blockchain technology for global protection of copyrighted work for authors and other creative individuals.

For more info, kindly hit the link https://gpcc.io/

The reason why do people join a platform such a facebook because of they want to interact with people in their circle not to earn money, realize it or not they don't care about their information being traded by the facebook as long as they can access facebook they don't want to know that their privacy is selling. I myself had deleted my fb account I only use Instagram I know that Ig and FB are the same company and I don't mind giving my privacy to them because I also get the opportunity to interact with my friends and I think it paid off.
If there social platform like Instagram which decentralized or at least not using member's information to make profit well It's gonna be awesome.

i think ig or any other social media is still the same as facebook , because you still exposing your privacy by the means of showing your post and other stuffs in public or to your friends. however you also want it to happen on the first place because you want to interact with other people in order to gain more followers and friends. but yeah , we use these social medias in order to socialize and not to earn money or incentizes from what we do. if you want to earn then you should find other sites that trully pays off.

After reading the article link, I see now. That's why all were in hate today on Facebook because this is all related to Trump.
Well, I wouldn't blame them if they have this feeling cause every person I know living in the USA, doesn't want Trump as their president.

IMO, this is a bit alarming because it might happen not just on USA.
FB may have another deal on other countries/company or even in just a single person. Our data for $$$  :-[

https://pbs.twimg.com/media/DZHEqATU8AIQyry.jpg

Didn't expect that, did you?

Not only Facebook but also Google, iOS, Lenovo, Xiaomi,... etc are stealing our personal data and selling them

Yes, it's terrible for me, where by way of selling personal data it's a very unlawful thing, a very cunning way and a violation of the terms, this is a big problem facing Facebook today, their own behavior that makes their reputation so bad In the eyes people especially users, start leaving Facebook and delete accounts to remove highly sensitive personal data data.

Yes it is a very nice solution but is it possible to not use facebook, instagram, whatsapp, twitter etc? Now everything is happening in social media.
This campaign is supported by twitter. So twitter reliable?

Yeah I agree. That's why I never sign up on sending data analytics whenever I'm getting a new phone.
It's just that I feel they would not just get the information for improving their products but rather including my own personal info's.
I do it both on pc and mobile whenever I install an app, register to a site etc.

so let's see how the development of facebook currently.
hopefully they can rise from this situation.

I agree with everyone here. That's why I looked into the project Algebraix. Very intriguing concept imo. Airdrop and bounty going on right now too.

What do you think could take Facebook's place?

as i know all browsers gives data to other companies and countries. Firefox says we privacy agreement with users but i dont know probably they are sharing some information with american goverment.

t would be very hard to protect our data when the governments come in knocking on the door. They will use the law on their side. However, when it comes to data protection and privacy for personal interests of private companies, it would be wonderful to see new projects pop-up; but again how trustworthy can they be for the long term? I hate those targeted ads, and trust google is the worse I think, with their recent feature in emails where they give you suggested replies, indicating that their AI has read the entire content of your emails.

Yes, it's interesting. FB wants to ban ICO ads, why not we all banned FB first?  ;D
They think they can control us, but we can do everything include delete FB and close the account. I think there are too many Media Social which better right?

I was always worried about the use of our personal data by biggest IT companies, I believe that they should be severely punished, but unfortunately this does not happen, because people are not very worried about the safety of their personal data. Perhaps now, after the situation with Cambridge Analytica and after Elon Musk drew attention to it - people will be more responsive to their data

Social networks are not the best place to share your personal info. Use messengers with no names/surnames needed.

I fully support the boycott of facebook and I very surprised that Elon Musk supported this, I do not think that someone else from the CEOs are ready to delete the page with millions subscribers, it's impressive.

I do not know about that, I do not use Facebook so I'm not really up to date with the information but it seems that right now there is some scandal about some leaked information however I have my doubts that is going to kill Facebook, it doesn't matter how much people deny it at the back of their minds they always knew they had been spied by Facebook all the time and they just accepted.

This is really a very embarrassing situation for the Facebook as this event has resulted in serious effect on the reputation of the Facebook and that now most of the people are deleting their accounts as well because of the reason that they are now worried about all of their details and the confidential data which they have placed over there. The owner of Facebook needs to handle this situation very much carefully, else he will be suffering a huge loss.

Wise thing! Each internet giant such as Facebook, Twitter, Google have all our person data and do whatever they want with it. I also do not like Facebook, because it obstructs conducting bounty campaigns .

It's unimportant that Twitter support or does not support it, did you hear this guy say to the users? He's a total disgrace.

https://www.thesun.co.uk/tech/5845432/mark-zuckerberg-facebook-users-privacy/

and you're right.
none are is not safe
 I have my twitter but I am using it for the bitcointalk bounty's...
I think it is insecure, and waste of time.. of course this is my thought ;)

I think Algebraix is the perfect solution for us that want to protect our personal data and get paid to do what we're already doing. I watch ads all day and they're very intrusive. Love Algebraix's idea. https://algebraix.io/

If these data protection and privacy companies do come out then it would really be a good option for those people who do really likes to ensure their entity but same as you said we cant still be assure if those companies wouldn't come to a point on where they would able to leak out informations this is why I don't really trust too much on inputting personal informations in the cloud.I do make use of facebook but haven't putted all the important things towards to my own entity and I'm fully aware that government do have anytime access to millions of personal information if they do like to.

This idea is fascinating and came faster than I thought. Now that the momentum is there, we gotta support projects like this one. I would love to get paid to watch ads lol  :D

I haven't heard about algeraix nor tried it but will look upon since you are advertising it. About Elon Musk moved about #deletefacebook means that he's not trusting Mark Zuckerberg's creation any longer. This is why we have to protect ourselves with the platforms that we are using. We mustn't provide too much information or identity that can be used against us and can be profitable to others. This also how googles are gathering data from their users and sells it to the advertisers.

This will be in news for some days and them everyone will forget about this. Keep in mind that he started with an internet based company himself.

Yes I think it's time that facebook loses some of its power. I already looked into Algebraix and it looks very promising as a project.

The team is great, idea is stellar, and I like that they have a beta out already.

As far as I know they also have an airdrop going on right now for 15,000 ALX tokens. Thanks for sharing I'll be sure to join this one and try out their app

doesn't algebraix have an airdrop going on?? gotta sign up for that because i think signups end tomorrow

I think this is gonna be the end of FB if they don't fix it quickly (but how can they fix it? Many data has missused)

This is the thing with services like Facebook once that information has been compromised there is no way to fix it, they may fix the security hole that caused that information to be leaked but they are never going to be able to retrieve the information that was lost, which show to us the great dangers of using a centralized service like Facebook, if you can avoid it do it you'll be safer that way.

Facebook went overboard with their action but they have admitted and apologise what else do we need from them exactly? We blame Facebook but forgot to blame the powerful people and politicians who use this data for their of selfish gains. The fact is , if Facebook didn't let go of the details, they can get it from somewhere else with the right amount of funds and what is the different between what government is doing, just hiding under the law to do their own.

This person is the only one who is responsible for the dream of mankind about its progress, for a long time people dreamed of the cosmos but then it disappeared somewhere, something went wrong, we were sent somewhere in the wrong direction but now this person is making heroic efforts behind him watching the whole world , he promises to make free Internet,
know I'm not at all disappointed about Facebook is the old technology, it's no longer effective, it closed the old and not effective

More people are overloading facebook because of their mistakes,I really agree with you that they do not see anyone else's mistake other than facebook or the government that set the policy but what the government interfere in this matter sir? advertising is very important to us and those who adopt it earn income so as to spin the financial sphere

Efforts of Elon changes the world in rocket science but what is use of his invention on blockchain or bitcoin industry. We need a people and investors who actually helps the bitcoin for long time.
In that aspects what is the role of him mate. I really do not understand about this at all.
If he goes out of Facebook community is there anything gonna affect the market in positive and negative way.

I think everyone should say goodbye to Facebook at this point. Who really needs facebook? It's just been used to spam people, share clickbait and turn all of our daughters into wannabe swimsuit models

Quitting Facebook is not a solution quitting internet is the solution and that is not possible. Then we will have to prepare ourselves that our personal date will be used by Google and Facebook and we cannot stop them because we have no control. The only controls to quit internet and we will never do this because we need internet for our daily life. It is now necessary.

I think it is a good pr action, everybody talks about him. There is no security on most apps we use every day.

I don't like it and don't use it. for me it is a dump of spam and other useless rubbish. I never had a facebook page and never will! So, I definately support the boycott of facebook ;D

   This is the reason that the owner of Facebook became billionaire in just a few years. We cannot safe our data. The only solution to secure your data is to quit all accounts of Facebook and never use it again. So the management of Facebook will be unable to reach you anymore. The decision of Elom Musk is quite good and in favor of him. All our data is using by Facebook management.

Well Facebook has been gaining a lot of users and this kind of incident would be like a drainage of its life rapidly. Like I can't even enter my sensitive information at any social media because of the risks involved of doing that like when you post your name then people would just google your whole name then your name will appear in the search engine in Facebook. Now combining with this incident? I think people will start to request for deletion (not deactivation) of their account if these kinds of issues weren't handled properly soon.

I see lots of potential in what algebraix is offering guys. You should really look into them: https://algebraix.io/

I am one wonder why he did it now? Maybe he saw how Paul Durov protects the confidentiality of personal data of users in Russia? It has long been known that your personal data on Facebook have been available to many special services. I just have one question. Why now?

Did anybody see that Twitter also sold info to cambridge analytica?? Even more of a reason for projects like algebraix IMO

Many refer to social networks extremely negatively. But I think that social networks are a necessity in today's reality. We can learn very quickly news and discuss. I read news from friends whom have not seen for more than 10 years. I do not want to give it up.
The problem with security and manipulation of public opinion is already a completely different side of the coin. I absolutely support Elon Musk's decision. I hope Zuckerberg will ponder and understand that the problem exists.