Privacy & Confidentiality

With social networks being so popular in these times, almost everybody you know has one. From your friends to your bosses, it is very common to be able to find their profiles on these networks such as Facebook. Though this may seem pretty "cool" and convenient at first, is it really? Are we losing our privacy by putting up profiles of ourselves on the internet and update our lives so everybody can see? Many people have no problem with that, they like to keep their friends and family updated with their lives, but some others think the opposite. In my opinion, even though you made profiles in these social networks, there is still privacy. It is just up to you to keep it. Of course if you update your status every two minutes about "what is happening", and checking in to all the places you go on foursquare, the privacy you have is very low. However, if you limit those kinds of posts and set your privacy settings, I do not see the problem with social networks and privacy. Yes, the privacy issue is very important, you may lose many things because of it. For example, you can lose your job, a friend, a significant other, and many more. However in the end it is all up to the user, no one is making you post the things you put online, only yourself.