I have to admit, I hate social media.
This statement might (?) be somewhat ironic, given some people consider Steemit/Busy to be a "social media platform." Then again, the same goes for Reddit, and I think we all know the difference between Reddit and Facebook. When someone says "social media", you think of the latter, not the former, which is really more of a "user news and posts aggregator" than a true social media update with status updates and such.
So, it is with some degree of satisfaction that I must report that Facebook recently revealed that their statistic for "user time spent on site" dropped a whopping 24% since the previous quarter's data. This comes at a time where costs at Facebook are high, and Instagram's engagement numbers are also poor.
For anyone just tuning in, my main problem with Facebook is the fact that I truly believe that it does make people less happy. Overall, I see it as a negative for humanity, and user's data is monetized and sold for the "privilege" of being psychologically harmed. Add to that the many ways it can (and is) being used to snoop on you, by corporations, governments...you name it...and I think most of us in the cryptosphere can agree it is a net negative. 24% is a huge hit. I hope it is all downhill from here.
Speaking of snooping, Best Buy's Geek Squad continues to voluntarily report on its customers activities despite a lack of a warrant. Perhaps it is the existence of cash payments from the FBI which renders these silly constitutional concerns so easily circumvented.
On Tuesday, the EFF released records showing a long history of the FBI doling out cash payments for Geek Squad employees voluntarily narc'ing on customers in the absence of any warrants or investigations.
Remember, just because they get people with bad stuff (tm) from time to time does not mean this is a good thing. I do not recommend giving up your data to any third parties, and hopefully ALL crypto users know better than to do something like use the Geek Squad.
I can't wait to hear future news stories about a rogue Geek Squad agent installing Trojans to mine/steal cryptocurrency from customer's computers. It could be quite a heist.
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Copyright: Best Buy, Wikipedia