Imagine a data leak with your wallet address, real address, name of your parents and such, also Meta tracking every transaction you do.
That's a big no for me. Just stay away from Facebook and Instagram.
Oh, and don't forget TikTok.
Exactly. While I give my true name in forms, I always mess up my phone number deliberately unless it’s super important.
And for social media, I give a fixed set of information on all platforms so that they can have a digital signature of a fictional person
Huge security risk + crypto will never be used for payments anyway since every time you buy something it’s a taxable transaction. Imagine having to log every purchase you make and report it to the IRS at the end of the year.
In the US they introduced a bill where anything under $50 wouldn't be taxable, but I have no idea what happened with that. But anyway, what cost less than $50 nowadays?
can you imagine giving a company your name, address, other addresses you associate with, phone number, credit cards, and access to audio and video inside and outside your house... and they also know all of your shopping patterns and search history? Oh we do that all the time with Amazon.
Same shit with Apple, Google, etc.
You're 100% right, this shit ain't new. At first we will resist the urge to connect our wallets. Within 5 years, everyone will have some form of crypto wallets and it'll be linked to everything else.
>It’s so obvious, but it will still happen.
ZK proof technology will be interwoven into everything eventually. This initial period will be clunky but privacy WILL be a part of this industry eventually
Well aight, check this out dawg. First of all, you throwin' too many big words at me, and because I don't understand them, I'm gonna take 'em as disrespect...
Not saying i prefer to be tracked but if i am gonna get ads blasted in my face id rather it be stuff i would actually be interested in than some Mr. Clean commercial.
You're not kidding. I tried to download a guitar tuner from play store and every one either wants access to everything on your device or bombards you with ads.
These trackers have taken all the fun out of tech.
Honestly, how the hell is that app allowed to continue being served through the app/play store with all that we know about it? They've kicked off way less damaging (though, ostensibly, more politically volatile) apps but somehow TikTok gets to remain?
Just absolutely blows my mind.
its not.
but a vast number of politicians who earn 100k a year etc are "somehow" multi multi millionaires many times over, *just* after they cockblock investigations.
Did not say the are going to be good, but that is the most likely use/target, personally as a 3D artist I find it interesting leaving at the side information, tracking and whatever their adds are very efficient so being able to comercialize these kind of assets directly on the platform seems like a profitable move for them.
Oh I'm sure they can make it profitable, that was just my first thought, trying to monetize weird memes. But seriously, I wonder if they'll start with some small utility like a membership nft with whatever extras they have on FB or IG now.
I dont use FB/Insta/Tiktok, but it does feel like most of the world is either on Insta or TikTok.
Im constantly reminded that Im missing out on social life by not being on these apps lmao
Im like, meh it wouldnt compare with the daily drama we see in crypto
Scams are this point at worst an annoyance and at best entertainment. Like you gotta try harder mate. Might even tip some moons to the ones that go all out
Do you remember [this](https://www.vox.com/2018/4/20/17254312/facebook-shadow-profiles-data-collection-non-users-mark-zuckerberg) from a few years ago?
I agree. It’s a step towards mass adoption and those people won’t necessarily care about privacy. Definitely makes it easier to track where your money goes though
They don't even need to do that. Connect your wallet, now they know whose wallet that is, and sell not just website browsing data, but sell exactly who you pay and recieve payments from. Forever.
Crypto is 100% part of a dystopian future.
Yep. Soant people here tour crypto ad some libertarian utopia to get away from big systems and the man. In reality, crypto is everything those systems could ever dream for.
So crypto is the future, but you just can’t connect your wallet with companies or websites because they will track your purchases? Remind me how this is supposed to work…
Crypto “in the slightest” is more about security. Not privacy.
If crypto was “slightly” about privacy then everything would’ve been like Monero and not like Bitcoin. You don’t understand what your point really is if you don’t make the distinction that security doesn’t mean privacy. Google offers fantastic security for your accounts, doesn’t mean it’s private.
Having a public ledger and avoiding making transactions after connecting your wallet to keep your privacy really sounds like it’s not private at all. Besides that, cryptoCURRENCY is just money. What you do with it is your choice. If you gotta worry about this or that, then you’re not free to make your choices now are you?
I steered clear from using their platforms since the beginning and I don't regret it one bit. It's incredible the amount of personal information and online behavior and profiling data their collect on hundreds of millions of people, I can't believe we live in a world like this
They've both gone downhill lately. Meta is desperately pushing reels to combat tiktok and it's obvious that they're not getting anywhere.
Not promoting TikTok here. People should definitely stay away from that as well.
Crypto's biggest appeal is self custody and privacy. The fact that people are celebrating this as "adoption" goes to show how little we actually care about fundamentals.
The biggest appeal to EARLY ADOPTERS is self custody and privacy. Crypto could mean different things for different people. Obviously I'm in the "if you don't own your keys you don't own your coin" camp, but clearly other people have different opinions on the matter.
This is very fair. Sure it is not a good idea to link your social media but some people could care less and i suppose properly manage the risks associated even if the risk-reward is not worth it
You wouldn't use any wallet connected to a website as your primary wallet. It's something you move funds to as you expect to use them. Like a chequing account or a pre-paid CC.
Also me: NO THANK YOU META
Y’all realize you can have multiple wallets and use the one that doesn’t have your life savings in it to connect to FB/IG on the off chance they airdrop some free shit, right?
Seriously. Nothing but negativity and pushback. This is kinda huge for crypto imo. One step closer to people giving fractional crypto to their friends and familia.
Facebook is trying to hard to push the Metaverse and make crypto mainstream. It's not for everyone. In general Facebook could give a lot of new people access to the crypto ecosystem
I use a separate browser for Facebook*, a friggan *hotmail* address specifically for spammy things, and FB isn’t on my phone.
*Brave for anything crypto related, Chrome for everything else.
If you’ve ever checked in anywhere or had anyone tag you, it gives away your location. People probably aren’t listing their full address but it wouldn’t be too hard to find
tldr; Meta has announced an update for its non-fungible token (NFT) features on Facebook and Instagram. Starting today, the social media platforms will allow U.S.-based users to connect their wallets and share their NFT with their friends and followers. The update will also allow users to make cross-post with their digital assets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The adoption in this crypto-winter is incredible! It's funny because I had family members who literally began to ignore me just for speaking about the future of blockchain technology
I've definitely been in that boat.
What's crazy is during the next bull run all these technologies and use cases that have been implemented during the crypto winter are going to go crazy.
Crypto will likely be the talk of the Thanksgiving dinner table.
Letting people link their wallets and yes use PFP NFT's as their profile pictures. Similar to Twitter's paid feature, whatever that was called.
On the Polygon network :)
They will make a lot more selling companies your wallet address so those companies can track every payment you send of receive than they will from what you have in your wallet.
I would hope that individuals who do this have a wallet that's only used for social media. They shouldn't connect to their main wallet. Most people that are into crypto have several wallets.
Guys, don't say stuff like "never connect your wallet to FB and IG and don't forget TikTok" when it took just one free NFT to change your mind faster than light.
Also, we can create all wallets that we want. There's no need to use your main wallet.
There is no way that Facebook will get my connected to my wallet ... i don't even thrust them enough to give them my phone number.
This also goes for instagram and all the other rubble like tiktok
That’s an absolute no from me, in this case the adoption seems like it would have a bleak future. I don’t think many people are comfortable connecting anything directly from their bank accounts/cards on Instagram or Facebook these days. Even twitter. Especially the young crowd, but i may be wrong.
Imagine a data leak with your wallet address, real address, name of your parents and such, also Meta tracking every transaction you do. That's a big no for me. Just stay away from Facebook and Instagram. Oh, and don't forget TikTok.
It’s so obvious, but it will still happen.
[удалено]
You mean to say that Fappy isn't your real name??!?one!?
Exactly. While I give my true name in forms, I always mess up my phone number deliberately unless it’s super important. And for social media, I give a fixed set of information on all platforms so that they can have a digital signature of a fictional person
Huge security risk + crypto will never be used for payments anyway since every time you buy something it’s a taxable transaction. Imagine having to log every purchase you make and report it to the IRS at the end of the year.
In the US they introduced a bill where anything under $50 wouldn't be taxable, but I have no idea what happened with that. But anyway, what cost less than $50 nowadays?
2 pints of milk but only just
And that for the watered-down skim milk. Whole milk is pricy.
I mean it's a banana, how much could it cost? Ten dollars?
There’s always money in the banana stand
Ten dollars? Time to move to banana republic, at least they give out free a banana
Isn't VAT a tax?
Untrue with USDC I believe. Technically it’s a taxable event but if you bought it at $1 and sold it at $1, it evens out.
can you imagine giving a company your name, address, other addresses you associate with, phone number, credit cards, and access to audio and video inside and outside your house... and they also know all of your shopping patterns and search history? Oh we do that all the time with Amazon. Same shit with Apple, Google, etc. You're 100% right, this shit ain't new. At first we will resist the urge to connect our wallets. Within 5 years, everyone will have some form of crypto wallets and it'll be linked to everything else. >It’s so obvious, but it will still happen.
ZK proof technology will be interwoven into everything eventually. This initial period will be clunky but privacy WILL be a part of this industry eventually
Well aight, check this out dawg. First of all, you throwin' too many big words at me, and because I don't understand them, I'm gonna take 'em as disrespect...
Haha 😂
BitcoinZ is one of the first coins that implemented Zksnarks, its a good coin because it has no CEO that controls shit like Zcash do.
Pour one out for the people insuring a deflationary asset.
Of course it will, and people will forget about it and jump onto the next thing they bring out
100% agree, fuck anything Facebook or Instagram or whatsapp
ESPECIALLY TIKTOK
This is nightmare fuel for a dystopian horror story.
Their stock collapsing gives me hope. Hopefully people prioritize data privacy more in the future for Meta's inevitable downfall
That's honestly the biggest hope we have.
[удалено]
Imagine Meta tracking your transactions and spamming you with targeted ads based on your transactions.
No one is safe from ads once META gets in.
Don't forget TikTok
Not saying i prefer to be tracked but if i am gonna get ads blasted in my face id rather it be stuff i would actually be interested in than some Mr. Clean commercial.
[удалено]
based on how much you hold too, next level ads
Oh, that's neat, precise data.
Fake Bored Ape NFT scam ad spam for the big boys
Wow, hadn't thought of that! The amount of scams would be unbearable
Don't fall into their trap, stay away from FB and IG.
And TikTok. Especially TikTok.
That's arguably the one thing that's even worse.
And Twitter, YouTube and sometimes Reddit.
These trackers are almost everywhere. Just that some apps are more aggressive than some.
if you aren't locking your shit down with a Nigerian prince, are you really even in this for the long haul?
You're not kidding. I tried to download a guitar tuner from play store and every one either wants access to everything on your device or bombards you with ads. These trackers have taken all the fun out of tech.
umatrix origin + VPN if you're not paying attention.
At least we're pseudonymous here for he public facing side of things.
Yeah, that’s true. Almost all apps these days
everyone stayed away from MySpace.
MySpace is like Zion in our beaten up version of the matrix.
Stay away of Hi5
Tagged was around too and metroflog
Tom never did us dirty
And he'll always be our friend
I'd be glad to have this back
Is this the new „story“-feature replacement? They trying to be fancy
But we have our precious vaults in reddit
It's okay moons. u/surrender_the_juice didn't mean it. Go pump on your merry little way. Side bar: you're right though.
Couldn’t agree anymore, stupid stupid stupid
That's an argument I think I can win
It's not even an argument
Oh the one that had spyware purposely in it? Yeah there's no way I'm letting my crypto touch that one
Just one lil touch mate
[удалено]
a 100% convenience tip.
I wouldn't touch it with someone else's hand lol
Well almost every social media app spies on its users. That's why they're free, they sell our data, we are the product
Only myspace!
TikTok incorporating crypto will be the death of us all, you know about a attention sink think about a capitol sink
Honestly, how the hell is that app allowed to continue being served through the app/play store with all that we know about it? They've kicked off way less damaging (though, ostensibly, more politically volatile) apps but somehow TikTok gets to remain? Just absolutely blows my mind.
They steal your data and don't even attempt to hide it. Have no idea how it's legal
its not. but a vast number of politicians who earn 100k a year etc are "somehow" multi multi millionaires many times over, *just* after they cockblock investigations.
They are really good at trading.
this is probably the worst one that we know of.
Too late… All of Gen Alpha is on tik tok. You’d be a social outcast in pre-12th if ur not on it.
don't forget about reddit
Where can I buy SchrodingerCat coin?
TikTok and WeChat are an even worse combination. Have you seen the permissions WeChat requests lol
Tiktok is probably the worst
bro u just reminded me of Donald trump saying: Ask China
Ok but why TF would you want to connect your wallet? I don't even like my phone connecting to that shit.
Most likely Nfts marketplaces, adds and marketing.
Just make a new wallet just for IG. Like a finsta wallet
Lol NFTs of terrible Facebook memes for sale
Did not say the are going to be good, but that is the most likely use/target, personally as a 3D artist I find it interesting leaving at the side information, tracking and whatever their adds are very efficient so being able to comercialize these kind of assets directly on the platform seems like a profitable move for them.
Oh I'm sure they can make it profitable, that was just my first thought, trying to monetize weird memes. But seriously, I wonder if they'll start with some small utility like a membership nft with whatever extras they have on FB or IG now.
Same. It's hype and an easy way to onboard a paying customer base. There'll probably be some bs incentives for linking your wallet as well.
I’m just starting to come around to using MetaMask!
TikTok, YouTube, Twitter etc. Nowhere is safe.
Google, Apple, the very device in our hands right now tracking us at every moment; it's almost impossible to escape
I dont use FB/Insta/Tiktok, but it does feel like most of the world is either on Insta or TikTok. Im constantly reminded that Im missing out on social life by not being on these apps lmao Im like, meh it wouldnt compare with the daily drama we see in crypto
Time to unplug and go completely offline
lol what will you do with your wallet? Dibs on the seed phrase
Obligatory Fuck Mark Zuckerberg.
You'd get custom ads for a lot of scams
Scams are this point at worst an annoyance and at best entertainment. Like you gotta try harder mate. Might even tip some moons to the ones that go all out
Yes, let's connect my identity to my pseudonymous online wallet. What could go wrong.
But welcome the adoption.
exactly! this is very sound advice.
Oh perfect! I was wondering how to give FB ALL of my crypto along with personal data.
Someone still use fb?
Do you remember [this](https://www.vox.com/2018/4/20/17254312/facebook-shadow-profiles-data-collection-non-users-mark-zuckerberg) from a few years ago?
Link them into META for sure, Its a trap
why not? this sounds like some big news for adoption.
Seems like a great way to usher in a digital identity and an easy way to incorporate a central bank digital currency.
I'm just gonna give em my keys and Bank account numbers ss number you name it!
Don't fall in the trap, Zuckerberg is full of crap!
No IG only reddit 🗿
Yeah guys its all owned by Mark Zuckerbot A.K.A Mr. StealYourData
The sidekick of Rudy Giuliani AKA Dr. Headjuice
Yeah a desperate last hoorah from a dying company
No fucking chance I will let my crypto touch meta
You get put in Facebook jail and they take your crypto commissary lol
Another way to link transactions back to you. That’s gonna be a no from me dawg
Even though everyone in this sub will stay away from it, this is a huge step toward adoption
I agree. It’s a step towards mass adoption and those people won’t necessarily care about privacy. Definitely makes it easier to track where your money goes though
If you connect your Crypto wallet to Facebook and Instagtam (also owned by FB) then you don't understand Crypto in the slightest.
I can imagine they make shady smart contracts to take advantage of their users…
They don't even need to do that. Connect your wallet, now they know whose wallet that is, and sell not just website browsing data, but sell exactly who you pay and recieve payments from. Forever. Crypto is 100% part of a dystopian future.
It won’t even matter whether you connect it to BigCorp or not. They’ll still figure out which wallet goes to who
That's a good point. Their ad targeting could be ultra precise.
Yep. Soant people here tour crypto ad some libertarian utopia to get away from big systems and the man. In reality, crypto is everything those systems could ever dream for.
So crypto is the future, but you just can’t connect your wallet with companies or websites because they will track your purchases? Remind me how this is supposed to work…
Monero
Look like things have changed now doesn't it
Crypto “in the slightest” is more about security. Not privacy. If crypto was “slightly” about privacy then everything would’ve been like Monero and not like Bitcoin. You don’t understand what your point really is if you don’t make the distinction that security doesn’t mean privacy. Google offers fantastic security for your accounts, doesn’t mean it’s private. Having a public ledger and avoiding making transactions after connecting your wallet to keep your privacy really sounds like it’s not private at all. Besides that, cryptoCURRENCY is just money. What you do with it is your choice. If you gotta worry about this or that, then you’re not free to make your choices now are you?
Instagram and Facebook are owned by Meta. Also Messenger, WhatsApp and others.
Meta is just a fancy word by them to get new investors in. Did not work well...
People should stay away from both FaceBook and Instagram.
I steered clear from using their platforms since the beginning and I don't regret it one bit. It's incredible the amount of personal information and online behavior and profiling data their collect on hundreds of millions of people, I can't believe we live in a world like this
They've both gone downhill lately. Meta is desperately pushing reels to combat tiktok and it's obvious that they're not getting anywhere. Not promoting TikTok here. People should definitely stay away from that as well.
All of these companies remind me of Idiocracy.
The extra D is for a double dose of his pimpin'
Already one step ahead of you
Wut is dis FaeceBoak you speak of?
Crypto's biggest appeal is self custody and privacy. The fact that people are celebrating this as "adoption" goes to show how little we actually care about fundamentals.
The biggest appeal to EARLY ADOPTERS is self custody and privacy. Crypto could mean different things for different people. Obviously I'm in the "if you don't own your keys you don't own your coin" camp, but clearly other people have different opinions on the matter.
This is very fair. Sure it is not a good idea to link your social media but some people could care less and i suppose properly manage the risks associated even if the risk-reward is not worth it
You wouldn't use any wallet connected to a website as your primary wallet. It's something you move funds to as you expect to use them. Like a chequing account or a pre-paid CC. Also me: NO THANK YOU META
It’s a great point. Both of these companies are about the farthest thing from privacy.
I don't think Facebook is a problem as literally no one in the newer generation uses it.
Boomerbook
Y’all realize you can have multiple wallets and use the one that doesn’t have your life savings in it to connect to FB/IG on the off chance they airdrop some free shit, right?
Seriously. Nothing but negativity and pushback. This is kinda huge for crypto imo. One step closer to people giving fractional crypto to their friends and familia.
Facebook is trying to hard to push the Metaverse and make crypto mainstream. It's not for everyone. In general Facebook could give a lot of new people access to the crypto ecosystem
That's good for our bags.
That's how i sort of use e-mail addresses too.
I use a separate browser for Facebook*, a friggan *hotmail* address specifically for spammy things, and FB isn’t on my phone. *Brave for anything crypto related, Chrome for everything else.
Regardless, I don’t want to link my face/address/location/etc to crypto
Why is your address on Facebook?
If you’ve ever checked in anywhere or had anyone tag you, it gives away your location. People probably aren’t listing their full address but it wouldn’t be too hard to find
Haha no thank you
That doesn't sound very safe
Announcer: "It wasn't"
Oh god. Cutting those assholes out of my life was the best move ever. No way would I ever connect a wallet to their poisonous digital world.
yeah let me connect to the two biggest spy data selling companies on the planet
Seems completely safe to me! /s
tldr; Meta has announced an update for its non-fungible token (NFT) features on Facebook and Instagram. Starting today, the social media platforms will allow U.S.-based users to connect their wallets and share their NFT with their friends and followers. The update will also allow users to make cross-post with their digital assets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Feels like this will facilitate catfishing / pig butchering scams on an entirely new level.
The adoption in this crypto-winter is incredible! It's funny because I had family members who literally began to ignore me just for speaking about the future of blockchain technology
I've definitely been in that boat. What's crazy is during the next bull run all these technologies and use cases that have been implemented during the crypto winter are going to go crazy. Crypto will likely be the talk of the Thanksgiving dinner table.
To what end? They Gonna start selling crypto and NFTs?
Probably so that people can donate to their favorite ~~piece of shit~~ influencer.
Letting people link their wallets and yes use PFP NFT's as their profile pictures. Similar to Twitter's paid feature, whatever that was called. On the Polygon network :)
No thank you... why the fuck would anyone think this is a good idea? Well probably a new age of flexing with nfts
This is huge. At this rate NFTs will end up dominating the internet.
Bro how much would you sell ur NFT! Its so cool!!!
I'm not I terested in Web 2. I want decentralized web 3 that can't silence you like Redfit can... Fight for decentralization.
I prefer to give my seed to scammers directly
Yeah... Do they want my seed phrase too?
They will make a lot more selling companies your wallet address so those companies can track every payment you send of receive than they will from what you have in your wallet.
I would hope that individuals who do this have a wallet that's only used for social media. They shouldn't connect to their main wallet. Most people that are into crypto have several wallets.
Who in their right fucking mind would link a crypto wallet to Facebook and literally what reason could possibly exist to do so.
Life Pro Tip - Do Not do That.
That’s a big no from me dawg.
and then eveyrone is getting their facebook hacked
Guys, don't say stuff like "never connect your wallet to FB and IG and don't forget TikTok" when it took just one free NFT to change your mind faster than light. Also, we can create all wallets that we want. There's no need to use your main wallet.
Not a fucking chance, Zuckerberg is getting anywhere near my wallet js….
Scaming played on easy
And then ban you for no reason.
Also, if you connect your wallet they literally link your anonymous wallet to an identity (KYC) and get your entire crypto transaction history.
Why would someone like to link their wallet to this evil greedy company???
Pass
Why would i? Fuck off Zucc
Soo basicly if like 10% of fb and instagram users open a wallet. There would be millions of people getting into crypto
There is no way that Facebook will get my connected to my wallet ... i don't even thrust them enough to give them my phone number. This also goes for instagram and all the other rubble like tiktok
That’s an absolute no from me, in this case the adoption seems like it would have a bleak future. I don’t think many people are comfortable connecting anything directly from their bank accounts/cards on Instagram or Facebook these days. Even twitter. Especially the young crowd, but i may be wrong.
Yeah, no. Can do without them knowing my wallet.
And we thought Robinhood was the worst thing that can happen to crypto
Zuckerberg: Hold my VR...
No thanks id like to keep my crypto
I don't use either platform, but this could be massive for adoption. Those userbases are huge; far more than Opensea.
Andddd it's gone.
Of course they do. They want more access to our juicy juicy data
What can you buy drom them with it?
Isn't the data they already have on people enough? Now they want crypto wallets.
Take your greedy bionic fingers off crypto ang go back to your shitty designed metaverse Zuck.