Crypto Currency

9 Questions for Facebook After Zuckerberg’s Privacy Manifesto

presented an entirely new philosophy. For 15 years, the stated goal of Facebook has been to make the world more open and connected; the unstated goal was constructing a targeted advertising system built on nearly infinite data. Yesterday, though, Zuckerberg pronounced that the company is reversing course. The social network of the future won’t be…


presented an entirely new philosophy. For 15 years, the stated goal of Facebook has been to make the world more open and connected; the unstated goal was constructing a targeted advertising system built on nearly infinite data. Yesterday, though, Zuckerberg pronounced that the company is reversing course. The social network of the future won’t be one where everyone connects openly together, as in a town square; it will be one where more connections happen one to one, as in a living room. Instead of data permanence, data will disappear.

Facebook isn’t putting the current platform—worth roughly half a trillion dollars—in the garbage disposal. As Zuckerberg made clear in a Wednesday afternoon interview with WIRED, Facebook as we know it now will still exist. But it will change. And there will also just be something new.

It’s unclear the extent to which Facebook will ultimately push users toward privacy, and in what exact ways. But Zuckerberg controls Facebook, and his manifesto will make its gears start to turn in different directions. As that begins, here are nine important questions the company will have to think through.

1. Facebook knows how to make money in the town square. How does it make money in this new living room?

Private, encrypted messaging is hard to monetize. In our interview, Zuckerberg demurred when asked what the new business model will be after clamping down on the data firehose. The company would, he said, build the product first and figure out the financials later. Facebook does have nascent efforts in commerce and cryptocurrency, but there’s no question that figuring out revenue on the new platform will be a hard problem for Dave Wehner, Facebook’s chief financial officer. A former Facebook employee told me last night, “Mark is like a cartoon character who walks through a bunch of dangerous situations and always comes out on top. Dave is the guy running behind him catching the cat, stopping the ladder from tipping, deflecting the flying axe with a manhole cover.”

2. What does this do to safety on the platform?

Facebook rightly faces endless criticism for all the data it collects. But there are benefits to data collection as well. It can help stop bullies, or even potential suicides. Once those communications become private, Facebook no longer has the same powers to track and moderate. The public—from the media, to nonprofits, to academics, to individuals, to the government—also uses the public nature of Facebook to track bad behavior. If Russian intelligence operatives had just used private encrypted messaging to manipulate Americans, would they have been caught? As Facebook knows from running WhatsApp, which is already end-to-end encrypted, policing abuses gets ever harder as messages get more hidden.

In our interview, Zuckerberg explained that this, not fears about the business model, is what keeps him up at night. “There is just a clear trade-o

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Ben McKenzie Is Trying to Tell You Something

The teen heartthrob turned big-time cryptocurrency skeptic’s new documentary shouldn’t fall on deaf ears…

The teen heartthrob turned big-time cryptocurrency skeptic’s new documentary shouldn’t fall on deaf ears…
Read More

Continue Reading
Crypto Currency

Bitcoin Stalls as ETF Outflows and Iran Deal Speculation Shake Crypto Markets

Bitcoin traded near $76,900 as spot BTC ETFs lost $1.26 billion in a week, while XRP, Solana and HYPE funds drew inflows in a rotation trade amid Iran deal uncertainty. The post Bitcoin Stalls as ETF Outflows and Iran Deal Speculation Shake Crypto Markets appeared first on Crypto News Australia…

Bitcoin traded near $76,900 as spot BTC ETFs lost $1.26 billion in a week, while XRP, Solana and HYPE funds drew inflows in a rotation trade amid Iran deal uncertainty.
The post Bitcoin Stalls as ETF Outflows and Iran Deal Speculation Shake Crypto Markets appeared first on Crypto News Australia…
Read More

Continue Reading
Crypto Currency

Lawsuit Targets Dormant Bitcoin Wallets in Bid to Claim ‘Abandoned’ Crypto Fortune

A US lawsuit is testing whether dormant Bitcoin wallets can legally be claimed as abandoned property after failed owner outreach effort. The post Lawsuit Targets Dormant Bitcoin Wallets in Bid to Claim ‘Abandoned’ Crypto Fortune appeared first on Crypto News Australia…

A US lawsuit is testing whether dormant Bitcoin wallets can legally be claimed as abandoned property after failed owner outreach effort.
The post Lawsuit Targets Dormant Bitcoin Wallets in Bid to Claim ‘Abandoned’ Crypto Fortune appeared first on Crypto News Australia…
Read More

Continue Reading
Crypto Currency

Bitcoin, crypto prices tick up as US-Iran peace deal odds climb

Markets Bitcoin, crypto prices tick up as US-Iran peace deal odds climb Iranian negotiators arrived in Doha for talks, focusing on the Strait of Hormuz and highly enriched uranium, as Pakistan and Qatar are mediating. By Francisco Rodrigues| Edited by Aoyon Ashraf May 25, 2026, 4:46 p.m. 2 min read Make preferred on Share Share

Markets

Bitcoin, crypto prices tick up as US-Iran peace deal odds climb

Iranian negotiators arrived in Doha for talks, focusing on the Strait of Hormuz and highly enriched uranium, as Pakistan and Qatar are mediating.

Make preferred on

Share this article
X iconX (Twitter)LinkedInFacebookEmail

Make preferred on

U.S. President Donald Trump speaking at Mar-a-Lago. (CoinDesk)
Summary

  • Crypto prices rose as Polymarket odds for a U.S.-Iran peace deal increased to 37% this month.
  • Iranian negotiators arrived in Doha for talks, focusing on the Strait of Hormuz and highly enriched uranium. Pakistan and Qatar are mediating.
  • President Trump stated the agreement is “subject to finalization,” emphasizing a conditional tone: “a Great Deal for all or, no Deal at all.”

Crypto prices were slightly higher on Monday amid rising odds in prediction markets for a near-term U.S.-Iran peace deal, as Iranian negotiators arrived in Doha for talks.

Bitcoin gained 1.6% in 24 hours to $77,500, ether rose 1.4%, and the broader CoinDesk 20 (CD20) added 1.56%.

Traders on Polymarket pushed the probability of a permanent deal this month to 37%, up from roughly 14% on Friday. The odds for a deal are at 46% by early June and 72% by the end of July. The market has drawn roughly $178 million in volume.

The move follows a Truth Social post from President Trump on Saturday saying the framework agreement was “subject to finalization.” Iran’s chief negotiator, Mohammad Bagher Ghalibaf, Foreign Minister Abbas Araghchi, and Central Bank Governor Abdolnaser Hemmati arrived in Doha earlier today for talks, per CNN.

A diplomat briefed on the visit told CNN that the agenda is focused on the Strait of Hormuz and highly enriched uranium. Meanwhile, Iran’s foreign ministry has described the deal as a memorandum of understanding in a first phase, with broader talks over 30 to 60 days, CNBC reported. Pakistan and Qatar are mediating.

The Strait of Hormuz has been largely blockaded since the U.S. and Israel struck Iran on February 28, though traffic has partially resumed in recent days.

Crude oil fell 5.4% to $91.30 per barrel. Gold rose 1.35% to $4,570 per ounce. The dollar weakened, with the U.S. Dollar Index (DXY) falling around 0.3%.

Trump’s tone remains conditional. “It will only be a Great Deal for all or, no Deal at all — Back to the Battlefront and shooting, but bigger and stronger than ever before,” he wrote Monday.

Read more: Bitcoin trades above $77,000 as oil’s 5% slide pushes Asian equities higher

Crypto News
Crypto News

Latest Crypto News
  1. 1
    Crypto trader applies legendary HODL strategy to EUR/USD forex bet

  2. 2
    Sony secures conditional approval to set up U.S. stablecoin trust bank

  3. 3
    Two blockbuster AI IPO’s on the horizon could leave crypto further behind

  4. 4
    Bitcoin’s dwindling exchange reserves don’t pack the same bullish punch anymore

  5. 5
    Live markets: Second day of U.S, Iran conflict keeps markets volatile as oil drops

  6. 6
    Bank of Japan may speed up rate hikes, pushing borrowing costs above 2%, ex-BOJ official warns

  7. 7
    ‘CASHCAT’ trader turns $800 into over $1 million on Robinhood’s brand new blockchain

  8. 8
    XRP holds near $1.10 as traders watch long-term breakout setup

  9. 9
    Bitcoin, ether steady, gold slides as U.S.-Iran tensions escalate again

  10. 10
    Polymarket bets on U.S. marketing blitz to win back trust after 4-year ban: Report

Latest Research
STAR Report Image

SpaceX IPO Drives Tokenized Equity Volumes to Record as Stablecoin Market Cap Falls

Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.

Why it matters:

Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.

View Full Report
More From Markets
CoinDesk

Crypto remains resilient in face of renewed Middle East tensions

Fiat currencies. (Roman Synkevych/Unsplash)

Crypto trader applies legendary HODL strategy to EUR/USD forex bet

CoinDesk

Two blockbuster AI IPO’s on the horizon could leave crypto further behind

Read More

Continue Reading