"To help us deliver interesting paid or sponsored content or promotions, you agree that a business or other entity may pay us to display your username, likeness, photos (along with any associated metadata), and/or actions you take, in connection with paid or sponsored content or promotions, without any compensation to you."
Register for free and lost your privacy for free, Facebook (Instagram owner) will sell your username, likeness, photos (along with any associated metadata) for cash. After reactions over Internet Systrom offered an explanation http://blog.instagram.com/post/38252135408/thank-you-and-were-listening - do you believe that?
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Instagram new terms, policies
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