Facebook Scandal and what it means for Bitcoin

[imsotiredofmoviereboots]

The recent Cambridge analytica scandal with Facebook has raised concerns about the protection of user privacy, I think this is an opportunity for Bitcoin and blockchain technology that offers a solution to this issue.

Bitcoin is for finance and that platform is meant for interacting with other people. Nevertheless, it's a blessing in disguise that FB ban crypto ads because these dumb politicians might connect crypto behind the selling of private information.

[1714053372]

1714053372

[premmak]

Bitcoin is not a solution to anything in it's current state . But i trust in blockchain though . There are many projects upcoming regarding social media !

[siti25]

the facebook prohibits advertisements to promote various financial products and services, which are often associated with misleading promotional practices such as binary options, ICO and cryptocurrency. This new policy is enforced to keep users comfortable while using all of Facebook's services.

[Arkyo]

Bitcoin and Facebook are completely different things. In addition, there has already been news that there has been developed a technology  to identify the owners of bitcoin wallets according to Internet search. There are a number of more anonymous coins than bitcoin.

[passwordnow]

Bitcoin is not a solution to anything in it's current state .

It is a solution for those who are tried of having those reversible transactions with PayPal so why you say it's not a solution to anything?

But i trust in blockchain though . There are many projects upcoming regarding social media !

We do trust blockchain and with the connection of this scandal, I guess this can be an eye opener to Mark Zuckerberg that he should start adopting Blockchain.

[richardsNY]

I guess this can be an eye opener to Mark Zuckerberg that he should start adopting Blockchain.

It's not. In most cases these platforms can just offer their 'sincere' apologies, and then move on like nothing happened. If that's not entirely enough, they'll offer people certain features to make them forget about everything. The thing with these scandals is that they are known for being such, but what people don't think about is what they are doing behind your back, and that might actually be 100 times worse than this. At the end of the day, everyone making use of these platforms is nothing more than a product they sell back and forth to make money. If you have a Facebook or other social media account, then know that your information is likely going to be sold, or has already been sold a dozen times (if not more), where the latter is more likely.

[passwordnow]

I guess this can be an eye opener to Mark Zuckerberg that he should start adopting Blockchain.

It's not. In most cases these platforms can just offer their 'sincere' apologies, and then move on like nothing happened. If that's not entirely enough, they'll offer people certain features to make them forget about everything. The thing with these scandals is that they are known for being such, but what people don't think about is what they are doing behind your back, and that might actually be 100 times worse than this. At the end of the day, everyone making use of these platforms is nothing more than a product they sell back and forth to make money. If you have a Facebook or other social media account, then know that your information is likely going to be sold, or has already been sold a dozen times (if not more), where the latter is more likely.

He admitted that he has a fault on this scandal and publicly apologized for the damages that he brought up by his company. But this hot topic will just passed out and will forgotten as the time goes by. As a user we really don't care about that breach, as we are enjoying the feature of it for free. I just can't get the interview of those senators and public officials, did they really know the terms and agreement of a service?

[Ridwan Fauzi]

I guess this can be an eye opener to Mark Zuckerberg that he should start adopting Blockchain.

It's not. In most cases these platforms can just offer their 'sincere' apologies, and then move on like nothing happened. If that's not entirely enough, they'll offer people certain features to make them forget about everything. The thing with these scandals is that they are known for being such, but what people don't think about is what they are doing behind your back, and that might actually be 100 times worse than this. At the end of the day, everyone making use of these platforms is nothing more than a product they sell back and forth to make money. If you have a Facebook or other social media account, then know that your information is likely going to be sold, or has already been sold a dozen times (if not more), where the latter is more likely.

He admitted that he has a fault on this scandal and publicly apologized for the damages that he brought up by his company. But this hot topic will just passed out and will forgotten as the time goes by. As a user we really don't care about that breach, as we are enjoying the feature of it for free. I just can't get the interview of those senators and public officials, did they really know the terms and agreement of a service?

But that's just some people who don't keep secret documents on facebook. But there will be many people who have secret documents on facebook so they will be worried about the leaking of his secret documents. So for them will always question the facebook security system. Actually the social media or a platform that is connected to the internet system then we are ready to spread our personal secrets to others. Instead of just facebook alone, our Wallet and our privatkey there will be someone whi know, like google.

[passwordnow]

I guess this can be an eye opener to Mark Zuckerberg that he should start adopting Blockchain.

It's not. In most cases these platforms can just offer their 'sincere' apologies, and then move on like nothing happened. If that's not entirely enough, they'll offer people certain features to make them forget about everything. The thing with these scandals is that they are known for being such, but what people don't think about is what they are doing behind your back, and that might actually be 100 times worse than this. At the end of the day, everyone making use of these platforms is nothing more than a product they sell back and forth to make money. If you have a Facebook or other social media account, then know that your information is likely going to be sold, or has already been sold a dozen times (if not more), where the latter is more likely.

He admitted that he has a fault on this scandal and publicly apologized for the damages that he brought up by his company. But this hot topic will just passed out and will forgotten as the time goes by. As a user we really don't care about that breach, as we are enjoying the feature of it for free. I just can't get the interview of those senators and public officials, did they really know the terms and agreement of a service?

But that's just some people who don't keep secret documents on facebook. But there will be many people who have secret documents on facebook so they will be worried about the leaking of his secret documents. So for them will always question the facebook security system. Actually the social media or a platform that is connected to the internet system then we are ready to spread our personal secrets to others. Instead of just facebook alone, our Wallet and our privatkey there will be someone whi know, like google.

If those people who kept their secret files on facebook are doing that way. They should be responsible for keeping those important files on the social platform. They must know that keeping something online isn't recommend if that's important and if it can change their lives. In the first place, they have to answer these few questions.
1. Why use facebook?
2. Why they trusted facebook?
3. Why keep important documents online?

[MoonJeina]

The recent Cambridge analytica scandal with Facebook has raised concerns about the protection of user privacy, I think this is an opportunity for Bitcoin and blockchain technology that offers a solution to this issue.

First of all , it is still not suspected that whether facebook was really hacked or facebook was itself responsible for selling information . Both cases would have a major impact on whether to use a new technology for safe guarding the user information or not . Other than that blockchain is also not properly safe and we hear about so many hacks happening and people loosing their money from their wallet . For a big platform like facebook , even more better technology than blockchain is required according to me.