0 sats \ 3 replies \ @kr OP 17 Dec 2022 \ parent \ on: Is Big Tech Prioritizing User Privacy? bitcoin
I’m not up to speed on the relationship between big tech companies and governments, so bear with me here.
Why would it be expensive for a big tech company to pass along info to governments? Can they (or do they) turn that request into a revenue source by charging governments money for access to certain info?
Isn’t that what Chainalysis and others in the crypto ecosystem already do?
Yes I believe they do charge for it, so perhaps this covers the costs of maintaining such a service
The bigger question is whether the tech companies want to maintain such services, given the reputational damage and the rise of sovereign alternatives (such as linux phones)
Plus the complexity and actual genuine security risks of having those back doors available to hundreds of staff
As @thebtctotoro says, trust takes a long time to build. It would only take one rogue employee to shatter a hard-won brand like iPhone.
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makes sense, a lot of bitcoin companies talk about how they don’t want to hold customer funds, so i could see how tech companies feel the same way about data.
i also wonder if this shift towards privacy is related to the increasing focus on paid products and services.
YouTube has really started ramping up their creator monetization suite, and has started promoting their paid, ad-free version. Twitter is in the same boat too now.
Maybe we’re reaching a tipping point in the tech industry where it’s more profitable to ask people to pay up front than to use their data against them behind their backs.
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Once your company / capital hits a certain size, your decisions (ought to) become more about 'don't lose money' than 'make money however we can'
risk management essentially
applies to BTC I guess. Most important / under-rated thing is simply to keep hold of it..
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