Do you really care if your data is exploited??

[gregall]

I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog (https://medium.com/algebraix-data). So it brought me to ask the question: do we really care if our data is exploited?

With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not

[1714670553]

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[audaciousbeing]

I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog (https://medium.com/algebraix-data). So it brought me to ask the question: do we really care if our data is exploited?

With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not

I care about my data so also a lot of other people even outside the crypto world that even have no use for it. When your data is released to the public without authorization, it makes you feel naked despite the fact that you willingly gave the information in the first place and that is why the scandal of Cambridge Analytica led to the end of that company and would have dealt a huge blow on Facebook if Zuckerberg didn't handle it in a more mature way.

One reason why I refrain in participating in ICOs, bounties, some exchange sites that asks for details before allowing participation is because I cannot just trust them with my email at the least and because they have not proved themselves to merit my information on their platforms.

[crzy]

Yes of course, my data is very important this is for my own safety and to prevent me from being scammed. The recent scandals about data privacy is with Facebook but I think those data will be use in the future for some black purposes I hope my data are still safe. Protect your data as long as possible, be careful on joining bounty campaign so you will not regret later on.

[BitHodler]

The real problem we are facing is unknown. With that I mean we have to worry about that what we don't know instead of the recent cases with Facebook that have been covered thousands of times already.

In order to prevent all that you should avoid anything requiring your personal information. It seems difficult with how applications and services require this information, but the fact of the matter is that we don't need them.

With how regulations are kicking in on a weekly basis, all sorts of investment sites and ICOs are requiring personal information, which is utter nonsense. I would never value potential profits over my own privacy.

[jossiel]

I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog (https://medium.com/algebraix-data).

I think I saw this algebraix thing for few times and you are including some questions to make your product/website interesting with a way of advertising.

So it brought me to ask the question: do we really care if our data is exploited?

Only a person that doesn't care for his privacy will not care if his data are exploited and was robbed by someone over the net which is used for marketing and any of their purpose.

[Hydrogen]

do we really care if our data is exploited?

With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not

I don't care if my data is exploited, I'm likely irrelevent within the grand scheme of things.

There is a danger in state's having too much surveillance. I'll try to give you an example. Let's say a government decided bitcoin is dangerous and decided to target bitcoin developers or miners. They could use surveillance networks to leak data on pro bitcoin supporters in order to wage an smear campaign against them. This could sound farfetched but similar things have happened in the past. An example of this is the IRS targeting conservative groups and occupy wallstreet in the USA for political reasons:

https://en.wikipedia.org/wiki/IRS_targeting_controversy

In theory, state surveillance is supposed to be utilized towards things like cracking down on spying by foreign nations. Countries like china are known to steal trillions of dollars in intellectual and copyrighted property from countries like the USA. This is the type of thing state surveillance is supposed to prevent. But in the real world, surveillance seldom appears utilized for the official reasons claimed.

[janhllr]

Some might think that as long as they are not affected by the exploitation, I still think that it makes us exposed to the world, it's just annoying.

[palle11]

Exploitation of data without permission is an offense because data can only be allowed access to by constituted authority either in carrying out investigation. Any other means it is got apart from that is a crime.

[DJCanh]

If it made for target advertisement - I don't care
But it using for still my money, make a credit or something same - I don't want it

[bitbunnny]

Yes I do. I care about my privacy so it's important to me who, how and for what is using my data. So the basic point is that I have to be aware that my personal data is used and I have to give my permission for that. This is something that in Europe will be solved with the new Genaral Data Protection Directive that is made by European Cimmission and it's about to enter into force soon.
I beleive that people should be aware of all the ways how their data could be abused because they might have serious consequences.

[Gozie51]

I do care because is my privacy. To login into one's data is trespass and that is not proper. Information got via that can be used against the bearer either to blackmail or do certain evil.  Not good in anyway to source for another person data.

[Lazada]

I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog (https://medium.com/algebraix-data). So it brought me to ask the question: do we really care if our data is exploited?

With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not

I think a data is the most important thing. Especially in the current year there has been a time of great progress so that the personal data we have is very important. So do not ever follow the project related to it because it is too risky and it will make us become uncomfortable. Data is very important and never dare to play with personal data security.

[carter34]

If it made for target advertisement - I don't care.

Any data in the public view is risky because some dubious people can turn around to use same information against the person. Well , except it is mere data like what is already known by the public, for instance; name, location etc.

[Syka]

I thought i do. Becouse there was presentation on uni about that, and on tv, youtube etc. But in reality i noticed that with my actuons i show i dont realy care. (Im not talking about stolen identety thoo). For example on airdrops, sending photos of id. Or when fb updated theirs privacy policy, i just scroll-agree-scroll-agree.. or downloadng any software. Im not saying i dont care complitely. Im just sometimes ignorant, money greed, or not paying enogh attention. I think people should generaly invest more time in learing about protecting their data, and not just aspect someone else should be fair, or care for them.

[LTU_btc]

I don't care much. I'm not very important person who have many secrets and lot of things to hide. And I'm trying to reveal as least as possible my personal information to services like Facebook. If it would be exploited, it wouldn't harm me.
I tried to check what Google knows about me:
https://takeout.google.com/settings/takeout?pli=1
It's a lot of information, but actually I see that some things that they "know" aren't even accurate.
I see that mostly people on this thread saying that they care about their privacy. Oh, really? If yes, are you really reading all these long ToS before clicking "I Agree" when signing up on service. If you don't read it, you don't even know how service will use your personal information.

[mimienamphine]

Data security is one of the emerging issues we are facing now because those who hold data sometimes can secretly use them for their advantage which should not be so.Nobody will be satisfied to sit down and watch people make money out of their privacy.This is frowned upon in all areas of life.

[Jating]

I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog (https://medium.com/algebraix-data). So it brought me to ask the question: do we really care if our data is exploited?

With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not

Of course, everyone should be very wary of their data not to get into the hands of others and exploit it. We have heard news all over the net of impersonating someone, not alone is a cause of alarm. You don't have any idea until you go to the bank and make a loan but denied and then you found out that someone is using your identify and has ruin your name.

And then there's the possibility that your data might end up in the dark market because someone sold it. There are a lot of ways that someone's data and personal data can be taken advantage of so just be very careful.

[reflector]

I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog (https://medium.com/algebraix-data). So it brought me to ask the question: do we really care if our data is exploited?

With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not

Possible to loose your money is only on the shit ICO which is requiring for the KYC details to distribute the tokens. Other than that no way that you can loose your data to someone.
After this I have heard local exchange keep tracking your income accountability with them. Hence they sending the crypto investors details to bank and Government taxation side. If you use the any international exchange government will not able to do anything to you mate.

[Rinsend]

of course this will be the center of attention, because I personally feel strongly disagree if our data is exploited. although maybe some people do not care about this but for me this is not expected because we may be exposed to some of the constituent engine of data that can be accessed

[martina14]

I do care, those KYC and other identification needs of site is much alarming.
i dont understand why they need it!
because of exceptions?
well cryptocurrecny was created for anonymous transaction and ownership unlike banks
so i hope they will be return like before.