Privacy saves you money.
Companies use information about who you are connected with to estimate your income, sell you the products you don't really need, and to determine the prices.
Online retailers know that people with lower incomes are more likely to make urgent purchases, so they may charge higher prices or remove discounts.
Some financial and insurance companies use social graphs to determine interest rates and premiums. It often makes people with lower incomes pay more — it is known as 'poverty premium'.
GuardianPlasma
npub170…5le7t
2024-09-06 16:52:53
in reply to nevent1q…2dyp
Author Public Key
npub170e93y5q4h7kz82xjw3ym4c3766fq5awkhy9d3d655p33sfdyrhsz5le7tPublished at
2024-09-06 16:52:53Event JSON
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"content": "Privacy saves you money.\n\nCompanies use information about who you are connected with to estimate your income, sell you the products you don't really need, and to determine the prices.\n\nOnline retailers know that people with lower incomes are more likely to make urgent purchases, so they may charge higher prices or remove discounts.\n\nSome financial and insurance companies use social graphs to determine interest rates and premiums. It often makes people with lower incomes pay more — it is known as 'poverty premium'.",
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