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

Crypto Biz: Will Bitcoin secure safe passage through the Hormuz Strait?

Iran may require oil tankers to pay BTC tolls through the Strait of Hormuz, signaling a new use case for crypto as geopolitical tensions reshape global trade routes…

Iran may require oil tankers to pay BTC tolls through the Strait of Hormuz, signaling a new use case for crypto as geopolitical tensions reshape global trade routes…
Read More

Continue Reading
Crypto Currency

ETF Issuers Move to Package Prediction Markets but Approval Is Far from Certain

The ETF industry, following the launch of spot Bitcoin ETFs, is now exploring prediction markets as a new underlying exposure.Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!).Bitwise Asset Management and Roundhill Investments have filed applications with the SEC to launch ETFs tied to prediction market contracts.ETFs as a Distribution

The ETF industry, following the launch of spot Bitcoin ETFs, is now exploring prediction markets as a new underlying exposure.Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!).Bitwise Asset Management and Roundhill Investments have filed applications with the SEC to launch ETFs tied to prediction market contracts.ETFs as a Distribution LayerThe initial filings focus on political events — contracts like “Democratic president wins 2028 election” or “Republican president wins 2028 election.”

The logic mirrors what happened with Bitcoin…
Read More

Continue Reading
Crypto Currency

Bitcoin charts point to $80K in April: Here’s how it may happen

Technical analysis, overhead supply awaiting absorption, and a shift in investor sentiment have increased the likelihood of Bitcoin reaching $80,000 in April…

Technical analysis, overhead supply awaiting absorption, and a shift in investor sentiment have increased the likelihood of Bitcoin reaching $80,000 in April…
Read More

Continue Reading
Crypto Currency

BitFuFu Reports 214 BTC Output, Trims Holdings to 1,794 BTC

TLDR BitFuFu produced 214 BTC in March while selling 80 BTC from its treasury. The company’s Bitcoin holdings declined to 1,794 BTC valued at nearly $131 million. Previous holdings peaked at 1,959 BTC in October 2025 before decreasing. Hashrate dropped to 25.9 EH/s, and power capacity declined to 457 MW…

TLDR BitFuFu produced 214 BTC in March while selling 80 BTC from its treasury. The company’s Bitcoin holdings declined to 1,794 BTC valued at nearly $131 million. Previous holdings peaked at 1,959 BTC in October 2025 before decreasing. Hashrate dropped to 25.9 EH/s, and power capacity declined to 457 MW…
Read More

Continue Reading