Yes because you assume the people who are collecting your data are ethical, secure and will always share your opinions and beliefs.<p>Say your bank account information was stolen and someone used it to blackmail you because as you said it would have, &quot;implications in some social aspects&quot;.<p>Say the country you live in converted to a religion you are not part of or want to be any part of. Imagine if they had a record of your beliefs and used it as a handy tool in mass genocide.<p>Say someone working for the government or a start up was jealous of something you had, and used their access to take your information in order to discredit you.<p>Say you medical information was sold by a fitness start up that went bust and sold to insurance companies to bump your premium.