No. In fact it’s quite the opposite with Foursquare users doubling since the release of Facebook places. As highlighted on this Business Insiders chart the growth of Foursquare users continues on an impressive run.
Do you use Foursquare, Places or is your exact location, 24×7, something you have no interest in sharing?
Have questions about how to control what you share through Facebook Places? Watch this video for an explanation of its simple and powerful privacy settings, and check out the Facebook Places guide at http://www.facebook.com/places.
In this short but informative video you learn how to disable places on Facebook altogether or just change your settings for better privacy.