this post was submitted on 18 Jun 2024
-11 points (38.3% liked)

Privacy

31998 readers
1201 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Related communities

Chat rooms

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago
MODERATORS
 

I can't seem to find an actual currency estimate of how much privacy is actually worth. I see a ton of articles talking about why privacy should be worth more to people or what people would pay for privacy services or how much people would sell their privacy for, but I don't see anything that gives a value for the privacy industrial complex, so to speak. Like if you take every company and non-profit and everything else and throw it all together, how much is the privacy industry actually worth?

Edit: It's worth at least $2.8 billion US dollars because that is the market cap on average of the privacy-focused cryptocurrency Monero.

Edit 2: If you put Monero, Zcash, and Dash together, you come up with $3.4 billion US dollars.

Edit 3: All the above plus Signal, Proton and EFF bring it up to 3.5 billion.

you are viewing a single comment's thread
view the rest of the comments
[–] ExtremeDullard@lemmy.sdf.org 5 points 5 months ago* (last edited 5 months ago)

Privacy used to be priceless. It still is for my generation. I work my ass off to maintain my privacy, which is harder and harder in this increasingly dystopian world, and I lose out on more and more services and conveniences everybody else enjoys as a result. But privacy is non-negociable for many people my age.

For younger folks, sadly they were born in the dystopia - or an early version of it - and they never lost the privacy they never had. For a lot of younger folks, not enjoying true privacy is their normal. Many of them are waking up to the obscenety of what Big Data does to all of us, but of course it's harder to wake up than to resist someone trying to put you to sleep.

And finally, the assault on privacy is so relentless and comes from actors with so much more clout and resources that many simply give up, because it's just too much. I'm one of those who refuse to drive and take the bus because cars nowadays put their owners under surveillance. But most people are not willing to accept that level of loss of quality of life and it's fully understandable.