Those are incredible terms that no one read.
Everything you upload, almost everywhere, can be used by the site owners to do whatever they like for their own purposes (reselling is somewhat often excluded / non-transferrable). There are a handful of exceptions, but they're very much exceptions, not the normal rule.
Remember the Zuck quote when asked why people gave him their data: “they trust me, dumb f*cks”.
When someone shows you who they are, trust them. He should be banned from having user data.
No, they do not. They do need to have people believe they do need to.
I refuse to sign up for an Insta. I will not acquiesce to 'lol we're going to put a login wall on every page'