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Submission + - What is online privacy about, after all?

rumith writes: "Hello. What kind of data, exactly, should one try to keep private, and for what reasons (this also includes avoiding being monitored by Google and the like)? As far as one can assume, most of our personal data is perfectly known to at least one party, and an inquisitive mind wouldn't find it too difficult to connect all the pieces together, especially if tasked with such a mission by our new [insert your favorite here] overlords."
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What is online privacy about, after all?

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