Facebook, for example, can delete your profile and content with one click. Facebook also tracks every move you make, which profile you look at, what you search for on FB, etc. They track you across pretty much every platform as all the monopolies are in the data share game, and Facebook pretty much owns half of the internet.
You are getting privacy confused with data sovereignty. I wouldn't feel good having 1 million followers on FB, knowing they can delete me anytime, for any reason.
Now, moving into the future, people will build trackers on Steem that people can OPT-IN to, thus selling their data on an auction house style marketplace. The future of data is consent, which is what blockchain provides tools to use.
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I get the point that facebook can delete an account click. This is censorship and steem definitely helps with that.
But, about data privacy, how can steem accounts opt in and sell their data if it’s availabe on steemdb all the time.
The data is free, like all transactions are visible on btc blockchain, all upvotes and comments and transfers are visble on the steem blockchain.
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Steemd does not show which profiles I look at or what I search into the Steem search bar. It tracks onchain actions. Most "privacy" is in those off-chain actions. When Steem gets really big, it will become its own search engine with tons of markets built on top. Those markets will want to know your interest, and if you tell them what you like and they pay you, everyone wins.
And to be fair, anyone can already do this with Facebook, if someone wanted to hack all your "private" messages, they can. Yet, Facebook still makes billions each year; it is because businesses don't want to have to dig your data up, for every human alive. They want it to spoon-fed to them as Facebook does. There will be pro data trackers on Steem that aggregates data and sells it to businesses with everyone getting a cut, including the user.
Okay I see. Already extremely bullish on steem, weirdly there is always more...
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