The headlines tell us that privacy is dead. They tell us to watch carefully what we post to Facebook and Twitter but is that really true? Facebook has pushed the privacy bar with each of its major site changes, asking its users to evolve socially. With the exception of a loud minority that erupts in temporary protest after each new addition, society has generally adapted. All the while niche sites like 4chan cling to anonymity. So who is right and why? Which is more beneficial for society: transparency and accountability, or freedom and anonymity?