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If you're interested in conspiracy theories, this may be a way for Facebook to circumvent GDPR, since financial data needs to be kept for at least 10 years. Onc
by mihaifm 7y ago
If you're interested in conspiracy theories, this may be a way for Facebook to circumvent GDPR, since financial data needs to be kept for at least 10 years. Once you make any trade using this currency, you won't be able to request deletion of personal data, since it's required to be kept as financial information.
- vcavallo 7y agowhy couldn’t they delete everything but your trade data?
- mihaifm 7y agoAt the minimum they'd need to store your name and address, probably birthdate too. It would just complicate the whole process of leaving Facebook.
- vcavallo 7y agoso they’d delete everything but that. the rest of the leaving process would be the same (I recently did it myself, it wasn’t too bad, but more annoying than I’d like). don’t get me wrong, i’m no fan of facebook and their data practices, but i don’t agree with what you said above.
- Lordarminius 7y agoCircumventing GDPR might not be the principal aim, but I'm sure it's a nice side effect.
- PeterisP 7y agoWhat benefit does Facebook gain from getting the ability to store my personal data for tax purposes? That doesn't give them the permission to do anything else with it anyway. If they were going to use the "for tax purposes" data for ad targeting or something else, then that's a GDPR violation - if they're going to intentionally violate GDPR, then they might as well simply store and use the data without permission and lie that it's been deleted; there's no need to bother with the charade.