I don't understand people thinking facebook is small. Dudes are running a website that has over a billion people on it even if you do not use it anymore, an app that people chat everyday, literally almost all mobile phone users use whatsapp (except places like china where it is banned) and a website where millions of people share their pictures and write comments all day. So they are one of the strongest technological companies in the world that is literally gaining power like its nothing over people and doing the "big brother is watching you" part of their work for the governments and whoever else pays them.
So, thinking that globalcoin is not a big deal is really naive, it is a huge deal, its good that crypto currencies are getting famous but globalcoin will be used for many bad stuff because facebook has done many bad stuff with the power they have and now they will have another big power over people. This will be horrible.
Topic: Facebook shitty coin. Facebook selling information of their customers - page 3. (Read 673 times)
May 30, 2019, 12:50:23 PM
May 29, 2019, 07:26:32 AM
iinto was hoping to see a concrete information to back your accusation concerning Facebook coin and Facebook selling users data. You can't just say things like that without any information to back up your claims.
May 29, 2019, 07:21:41 AM
I do not know where you get this information from, but on Facebook token, I can say one project will be top and the token will be in demand and I think it will go to the top exchanges. Of course, I understand you are negative news for every project, but they are made for the purpose of public relations and competition like this.
May 29, 2019, 07:11:29 AM
Of course, data confidentiality should come first for any company. But what do we see in reality? Mobile operators sell databases, sometimes it seems that even banks spread information about the contact information of their users. If Facebook adapts cryptocurrency payments, it will only help its rating. There previously were much info that Facebook confidentiality = zero, everyone can buy user's password, what r we gonna see if they launch crypto payment?
Companies are all about profit, remember that. They will make money doing something they are not supposed to do,,, as long as they believe they do not get caught. Listen to Zuckerberg at the trial,,, he admits a few things and pretends he does not understand some things. He knows he talks to old people but acts so cocky. Even caught, he wants to be the good guy and make it look like he was not really doing anything wrong.
May 29, 2019, 05:34:48 AM
Facebook coin is not even considered by me. Centralized cryptocurrency is not unnecessary for any sensible crypto enthusiast. If we wanted a centralized currency, we would have left the money in banks.
May 29, 2019, 06:32:55 AM
The funny thing is that when Facebook launches their coin they will ensure people that it will be private and that transactions will be confidential. Anyway, anyone that will use their coin knows what they are doing.
May 29, 2019, 04:44:55 AM
Of course, data confidentiality should come first for any company. But what do we see in reality? Mobile operators sell databases, sometimes it seems that even banks spread information about the contact information of their users. If Facebook adapts cryptocurrency payments, it will only help its rating. There previously were much info that Facebook confidentiality = zero, everyone can buy user's password, what r we gonna see if they launch crypto payment?
As far i know, facebook or others social media selling our behaviour patterns on their social media for research. But i dont think social media platform selling our personal database because it should be confidential. If facebook launch their own cryptocurrency, i think its good and could attract many investor
May 29, 2019, 03:49:41 AM
Of course, data confidentiality should come first for any company. But what do we see in reality? Mobile operators sell databases, sometimes it seems that even banks spread information about the contact information of their users. If Facebook adapts cryptocurrency payments, it will only help its rating. There previously were much info that Facebook confidentiality = zero, everyone can buy user's password, what r we gonna see if they launch crypto payment?
But still people trusting them and using facebook platform by billions of people.But when it comes to crypto centralized will make the introduction of crypto on their platform makes no sense so if anyone want to invest just based on their reputation are talking huge risk of giving their address traces which might turns out into a problem later. May 29, 2019, 03:45:45 AM
All of the ICOs and companies (our work,utilities and other services) might sell our data to highest bidder without knowing it so it's unfair if we will just only accused Facebook of doing it. For me, it is good Facebook will join the crypto currency market as the name already build a foundation of trust among users and these users will become future crypto investors helping the Crypto market to become more strong and healthy.
May 29, 2019, 03:34:55 AM
Of course, data confidentiality should come first for any company. But what do we see in reality? Mobile operators sell databases, sometimes it seems that even banks spread information about the contact information of their users. If Facebook adapts cryptocurrency payments, it will only help its rating. There previously were much info that Facebook confidentiality = zero, everyone can buy user's password, what r we gonna see if they launch crypto payment?
Confidentiality ,Privacy or what we call it. for me it doesnt matter anymore. Since we are all in cryptocurrency industry, we just easily give our data to the KYC! that was a very good example that our Privacy or Confidentiality was already gone in our time. remember we are using Internet no matter what we do our information are in danger to leaked and use by others. Thats why for me Facebook venturing into cryptocurrency space is just and ordinary thing and nothing has change. our Privacy are already gone thats the fact. 
May 29, 2019, 03:33:42 AM
I think we will feel positive changes in the privacy policy, if they do not just create their cryptocurrency but also try to use blockchain technology to improve data security.
To transfer such an old and huge social network like facebook to the blockchain will be very difficult. I do not think that they will decide to radically change their policies and produce innovations. But perhaps this will be easier to create on their mobile application. It will be interesting to observe the development of this story.No, I don't think there is the proposal actually of transferring Facebook to the blockchain. Facebook's GlobalCoin is technically a standalone project. I am sure this cryptocurrency will be utilized within the platforms under the control of Facebook but beyond that fact we still do not know how this project will finally be that's why I prefer to wait before making any conclusion. I am sure that Facebook or the team behind this project will be addressing the many concerns we have especially on this forum at the right time and forum. On the brighter side, what we are witnessing is actually the recognition of the technology behind cryptocurrency and I am sure that there will be more big names who will join this bandwagon.
May 29, 2019, 03:24:08 AM
it is true that Facebook does not care much regarding privacy of their users, but we should note two good things in this one:
- a lot of users does not care/think about their privacy, so this is not an issue, as we saw in previous facebook data management;
- facebook global coin will provide info about crypto currencies to general population, and provide much space for crypto to soar
- a lot of users does not care/think about their privacy, so this is not an issue, as we saw in previous facebook data management;
- facebook global coin will provide info about crypto currencies to general population, and provide much space for crypto to soar
May 29, 2019, 03:15:07 AM
Of course, data confidentiality should come first for any company. But what do we see in reality? Mobile operators sell databases, sometimes it seems that even banks spread information about the contact information of their users. If Facebook adapts cryptocurrency payments, it will only help its rating. There previously were much info that Facebook confidentiality = zero, everyone can buy user's password, what r we gonna see if they launch crypto payment?
Well, that is quite true. Since I've heard that Facebook selling user information, I rarely using Facebook again.
So, if Facebook adapts cryptocurrency payment, I think I will also not using their cryptocurrency system.
May 29, 2019, 02:31:26 AM
That is not good thing about facebook and facebook coin. Because of being too much popular there is also too much absurdity that can affect even our personal information. And I think if that habit will continue facebookcoin will not stand long in crypto industry because all we know that the number one thing that the investors will look before investing is security.
May 29, 2019, 02:03:51 AM
It is not only Facebook that sells our data but all the big online business giants like Google, Microsoft etc.
Facebook coin might be shitty but it shall make a killing sales and a lot of people will struggle to buy it when it launched.
Facebook coin might be shitty but it shall make a killing sales and a lot of people will struggle to buy it when it launched.
May 29, 2019, 02:02:53 AM
Of course, data confidentiality should come first for any company. But what do we see in reality? Mobile operators sell databases, sometimes it seems that even banks spread information about the contact information of their users. If Facebook adapts cryptocurrency payments, it will only help its rating. There previously were much info that Facebook confidentiality = zero, everyone can buy user's password, what r we gonna see if they launch crypto payment?
Privacy is a dream if you are using these services and even if facebook or any corporate come up with their own centralized cryptocurrency, the security and privacy they offer is just a mirage, if you use them then they will come to know everything about your financial transactions and they will have your complete data including your personal and financial details which is highly contagious. May 29, 2019, 02:02:09 AM
I think we will feel positive changes in the privacy policy, if they do not just create their cryptocurrency but also try to use blockchain technology to improve data security.
To transfer such an old and huge social network like facebook to the blockchain will be very difficult. I do not think that they will decide to radically change their policies and produce innovations. But perhaps this will be easier to create on their mobile application. It will be interesting to observe the development of this story.
May 29, 2019, 01:58:25 AM
Of course, data confidentiality should come first for any company. But what do we see in reality? Mobile operators sell databases, sometimes it seems that even banks spread information about the contact information of their users. If Facebook adapts cryptocurrency payments, it will only help its rating. There previously were much info that Facebook confidentiality = zero, everyone can buy user's password, what r we gonna see if they launch crypto payment?
What else are you expecting from Facebook?They are a social network.Their biggest asset is the personal data of all their users.Of course they are going to sell it.
Too sad that they are going to create their own coin,instead of adopting btc,eth or litecoin.
May 29, 2019, 01:57:14 AM
I think we will feel positive changes in the privacy policy, if they do not just create their cryptocurrency but also try to use blockchain technology to improve data security.
To transfer such an old and huge social network like facebook to the blockchain will be very difficult. I do not think that they will decide to radically change their policies and produce innovations. But perhaps this will be easier to create on their mobile application. It will be interesting to observe the development of this story. May 29, 2019, 01:51:24 AM
Since now more and more services offer their tokens, it is not enough just to say that our platform supports cryptocurrency payments. They need to train users. Get a basic idea of cryptocurrency, how can you earn with them, what is trading and other things possible on the platform taklimakan. This social network will help to figure out why you need tokens and how to use them.
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