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Topic: Facebook Scandal and what it means for Bitcoin - page 4. (Read 452 times)

sr. member
Activity: 434
Merit: 252
Everyone talks about Facebook, but nobody talks about other big corporations. Do you think Google stores less personal data? I'm sure Google is more dangerous. Google keeps a history of visited pages. This can give even more information about the account owner. After this scandal, Facebook has financial problems. I think they're not giving up on the ad. Now, Zuckerberg is such a situation that he will agree to advertise even drugs. Lol!
hero member
Activity: 1820
Merit: 515
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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.
Ehat I heard is that Facebook sold the user information to the corporate so they did this intentionally not someone who hacked their accounts or servers,so introduction of new system is here no needed.
legendary
Activity: 3080
Merit: 1500
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.

I won't say that blockchain technology can't offer solution to facebook but we are yet to discover how! A public ledger is good for financial transparency but facebook is fairly complex platform so I don't think any company currently possess such technology so that it can offer solution to facebook. We need more research and development activities for blockchain to be able offer solutions to real life complex issues.
hero member
Activity: 2730
Merit: 632
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.

I think Bitcoin has nothing to do with this Facebook scandal regarding our personal data of privacy in which they say that in reality the Facebook is taking advantage of our personal data for them to earn. In fact we are not force to join FB and other social media site just to become their users. Bitcoin is a crypto currency investment while FB is advertising services investments in which we can see huge difference between these two form of businesses.
You're wrong. In order to register on the exchanges, we are required to provide personal data. We do not know how this data will be used in the future. Perhaps we will see the same scandals, but with the stock exchanges. There are also many ICOS that require the provision of passport data. There are a lot of scammers and I think that the leakage of information from there will be mandatory.
In short not only Facebook would potentially having this kind of issue.Even on all sorts of those parties who do require users information which would really possible leaked those informations.The thing here only is that Facebook is a well known and a big company which means this would really goes viral on all sorts specially most people do always prefer on their privacy even non crypto related fb user would really react into this one.
For bitcoin relation i dont see any correlation to this matter.
newbie
Activity: 14
Merit: 1
     I am not directly informed regarding this subject, so my opinion is based only on my personal assumptions from information currently available. I don't think that this Facebook scandal will amount to much. I think that we will find that the whistleblower is grossly misrepresenting the effectiveness of Cambridge Analytica and their invasion of our privacy.

     You have to remember, Facebook is a social media platform. Cambridge Analytica only got access to information posted to peoples profiles. A majority of these individuals affected have profiles that are made public, which means anyone had access to that information. The only individuals whose security is truly considered "compromised" is any individuals with privacy settings.

     I think that the only reason this story has gained so much traction is that of Cambridge Analytica's ties to the Trump Campaign. Facebook will release any information that was compromised and individuals will likely see for themselves that they don't really care about the leak. If you want to protect your information, don't be giving authorization to every stupid application that asks for it.

-I don't think that bitcoin plays any roll in this "Facebook Scandal" nor should it.

-If you want to talk about real invasion of privacy, we should be looking into Google Adsense.
sr. member
Activity: 2366
Merit: 332
Talking for the facebook scandal, I guess you are also talking about the social network provider's fud, I don't see it relating to bitcoin directly although it might be having some investors having a second thought about investing in bitcoin.
newbie
Activity: 185
Merit: 0
Honestly, I don't suppose this to have something in common at all.
sr. member
Activity: 434
Merit: 255
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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.

I think Bitcoin has nothing to do with this Facebook scandal regarding our personal data of privacy in which they say that in reality the Facebook is taking advantage of our personal data for them to earn. In fact we are not force to join FB and other social media site just to become their users. Bitcoin is a crypto currency investment while FB is advertising services investments in which we can see huge difference between these two form of businesses.
You're wrong. In order to register on the exchanges, we are required to provide personal data. We do not know how this data will be used in the future. Perhaps we will see the same scandals, but with the stock exchanges. There are also many ICOS that require the provision of passport data. There are a lot of scammers and I think that the leakage of information from there will be mandatory.
member
Activity: 350
Merit: 11
W12 – Blockchain protocol
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.

I think Bitcoin has nothing to do with this Facebook scandal regarding our personal data of privacy in which they say that in reality the Facebook is taking advantage of our personal data for them to earn. In fact we are not force to join FB and other social media site just to become their users. Bitcoin is a crypto currency investment while FB is advertising services investments in which we can see huge difference between these two form of businesses.
newbie
Activity: 294
Merit: 0
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.
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