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WM's avatar

maybe i'll switch from an iPhone to a flip phone

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Kenneth Burchell's avatar

You have nothing to hide, but:

- Insurance companies will get ahold of information about you, that you didn't even know would be important and use it to predict that you may get an illness and increase your premiums, reduce your coverage or straight out deny you. They didn't warn you about the illness naturally, not their responsibility.

- Banks and financial companies get ahold of your data and increase your interest rates based on your propensity to switch providers or how savy you are in your financial deals.

- Profiteers get ahold of your data and information you share with your affiliates and use this to speculate on the stock market, crashing your employers stock values after a big-buy pump&dump.

- Hackers get ahold of your data and use it to automatically answer any and all "security questions" to reset your authentication, thus taking over your accounts.

So, maybe "having nothing to hide" isn't a good reason to let everyone spy on you?

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