Privacy

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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.

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How much is privacy actually worth? (monero.town)

submitted 5 months ago* (last edited 5 months ago) by shortwavesurfer@monero.town to c/privacy@lemmy.ml

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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.

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[–] xilliah 5 points 5 months ago (1 children)

I'm not sure but I do know that my consent is worth more than my privacy.

[–] TheFriar@lemm.ee 2 points 5 months ago

Exactly. It shouldn’t be “what is privacy worth,” but more like what should you get in return for consenting to volunteer your privacy? Because right now the system is backwards. We are expected to give up privacy, are expected to have none. And we spend money and time to try to get it back with almost no guarantees.