Just as you might think twice about eating chicken nuggets when you first see how they are made, you may hesitate to volunteer your personal information when you see how they are being used and make money.
Freedom has become one of the world’s most popular commodities – and over the years, the internet has ruined it.
We live in a world where we come across 5,000 words when buying sneakers. Important details about what companies do with our data bury a lot of legal entities, causing most of us to click “I agree” without thinking about the consequences.
In other cases, companies are unacceptably vague about the use of our data. This is a big problem when companies offer their services for free, provided that we can provide us with an email address, phone number and some other data.
A scene from the modern science fiction series Maniac perfectly illustrates where the world is headed. The sign has a choice – you can pay for or get a metro ticket for free for some personal information. As you can see, we chose the latter.
This is really what we do every day – moving our data to companies, big and small, while sacrificing our privacy and freedom.
It has gotten so bad that some states have had to intervene with rules and regulations designed to protect the public, and many of them are unaware of what they are sharing while checking out the seemingly innocuous path of the site.
She also says tech giants are afraid of shutting down the taps. When Apple introduced a new feature that allows users to opt out of tracking activity on apps and websites, Facebook launched a fierce advertising campaign against these actions. The social network said it is designed to protect small businesses that rely on a platform for targeted advertising. The pessimists among you will see this as a crude attempt to protect the profits of a company that has been accused by some of the most cunning and powerful computer groups in history.
Pandora chest is open
Things are starting to change – because we opened Pandora’s Box – and the world began to postpone discussions about the privacy we have the right to use online for so long.
For more than a decade, we’ve seen abundant economic freedom thanks to Bitcoin (BTC) and its competitors … but other sectors of our society still have a long way to go.
Last week I went to the store and bought an automatic moisturizer, and when I got home I did a Google search to find out more about the product. For the next seven days, I was bombarded with Facebook humidity ads.
Just like our health, well-being, and professions, freedom is an internal personal responsibility that we must control, maintain, and protect, especially in the digital realm, where it is very easy to sell in exchange for access to free services. … …
To feel free and safe at home, we trust the confidentiality of our properties and the trustworthiness of our friends and neighbors. This is guaranteed by state laws and housing association regulations. But we also provide our financial privacy to institutions – hoping that they will be held accountable to supervisors and central banks – and the whole reason to launch Bitcoin in 2009 is because it did not meet our expectations.
Why blockchain is the answer
Each modern proof of ownership blockchain uniquely addresses issues of privacy and digital trust, and in these dynamic societies, decentralized governance helps enforce standards through cutting mechanisms that discourage those who tend to act against the network. Best.
With PoS blockers, users receive informed consent. They are constantly learning about suggestions to improve and expand the network, as well as new services. Digital social consensus means they can read discussions about the pros and cons associated with each proposal, draw their own conclusions, and vote accordingly. Can you honestly imagine how the tech giant is doing it?
Privacy issues can be solved by creating abstract network addresses that are not permanently tied to public keys, or by using smart proxy contracts like VPN and Tor, but on top of the blockchain.
Can blockchain technology solve some of the most pressing privacy and trust issues facing a generation? I think so. When technology and transactions come cheap enough, consumers can choose to share their personal data or pay a small fee instead.
We must learn difficult lessons from the past and make the right decision this time. I remember the early days of email, when spam was a big problem.