We could have been Rich if Facebook and Google Paid us for our Data they collect

YES! you read that right, ever imagined why when you wanted to buy something or something you have talked about comes as an ad in future times?

Suppose you wanted a TV and you were talking about this to your family or friend or maybe you had searched about TV in your browser, you would have definitely come across An ad relating to it.

I bet you have faced at least one, either it comes as an add in YouTube/google search or it will come as an ad in Facebook as post.

^{Might go little deep so could be lengthy}

This is because Facebook and Google actually collects all your data

This is called Data Mining

Data mining is the massive collection of users’ data, which is analyzed to find patterns. Corporations like Amazon, Google, and Facebook use the analyses to make more sales by selling this data to companies, who then throw ads in your direction in hopes of you clicking on it and buying their products.

How much money do corporations make from your data?

Depending on your search results on Google, what you like and share on Facebook, you could be worth as little as $2. If we took global earnings from Facebook and compared it to the number of users, on average, each user is worth around $30.

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So the real question how would it make you rich in crypto?

now we come to that part were we look at the statistics

A stat say that in every hour Approximately 5 MB of information(taken from google) about us are being collected by The mentioned companies if they have been installed on your phone or anything which supports them. ^{Mainly android because apple is very strict regarding tracking.}

so going into the math behind it

1 hour = 60 minutes

1 MB = 1024 KB

5 MB = 5000 KB

So in a day they collect around 5000 * 24 = 120000 KB of data are being collected

so if they had to pay us 0.00001$ each KB, in a day you could have got -

• 1.2$ a day that's equalent to 0.000031 Bitcoin
• 36$ a month that's equalent 0.00094 Bitcoin
• 436$ a year that's equalent 0.011 Bitcoin

You see the....... you aint poor, you just rich intangibly

you have the purchasing power to buy a Bitcoin but unfortunately you cant ,

if you had DCA'd these money with proper management you might be worth at least 1000$ by now

BUT THINGS DID CHANGE AROUND-

For example Brave browser , that thing is Google Chrome on Steroids, It shows ads but also rewards us with BAT , eventho its nothing much as a reward but hey we are getting something in return. But i love how it works

Then after all the fuzz about facebook, facebook launched Facebook Study to pay us huge for our data

i had it for a month, installed the app and got 5$ literally for nothing via paypal

now google has its own rewarding system but it is reserved to just its recommended members.

so yeah thats it.

Edit : THE WORD 'COULD' IN THE TITLE IS THERE FOR A REASON.