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Day: October 29, 2026

A Market-Based Way to Curb Excessive Mass Data Collection (State Registers, KYC Databases, E-Invoices, etc.)

Every leaked record = up to €500: fixed compensation for data leaks; the cheapest security is not collecting data

Governments and companies hoard personal data, and when it leaks, the victims pay the price. A fixed, automatic payout for every leaked record would let the market decide how much data is worth keeping.

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