Trust
Your Data Has a Price, But What's Your Privacy Worth?
Nov 28, 2023
Not Even World Champions Are Safe from Social Media Thieves
Formula 1 star Jenson Button learned the hard way while vacationing in southern France with supermodel wife Jessica. She unwittingly revealed their location to cunning thieves who tracked her on Instagram by checking in at various spots and proudly displaying her ring. Within days, criminals had infiltrated the hotel room, pumping anesthetic gas to subdue the sleeping couples. Over £300k in valuables vanished.
It was a wake-up call that in our hyper-connected era, your digital disclosures can make you vulnerable to invisible intruders. Safeguarding personal information and maintaining a balance between online sharing and privacy is essential to protect our security and assets.
Your Data for Sale - And You Don't Even Know the Buyers
Every online move leaves a trail of digital breadcrumbs - and tech titans are cashing in big by following your every click.
Think about everything you share: names, addresses, birthdays, friend lists across the internet, social media, apps, online shopping, and other platforms, there's too much money to be made on the shady data market! Your most intimate details get auctioned off in anonymized dossiers and suddenly ads are blabbing about conversations you just had with your friends! Or received mysterious phone calls attempting to sell you products or offer loans. Turns out while you used apps freely, your digital DNA got cloned and trafficked without consent.
Now surveillance giants and insidious interests have insider intel on your relationships, spending habits, even medical status. All because you trusted platforms with power over your privacy.
It's time we crash this covert commerce festival profiting from our most private lives. Your data deserves better handlers than shady brokers. Let's reclaim ownership of what's really ours!
Beyond Celebrities, the Dangers of Wealth Disclosure
Being famous means constant public scrutiny, from politicians' private lives reported to celebrities hounded over flashy purchases. But it's not just the rich feeling the heat.
Imagine: If you happen to be a relatively affluent individual in the town, would you really want the whole town knowing your net worth? This may attract individuals with bad intentions seeking favors or financial assistance, but at worst, it could result in life-threatening situations where people are driven by greed and resort to heinous acts.
So, Do You Still Think Privacy Doesn't Matter?
Anyone sharing online risks personal data as a commodity. A minor influencer slip-up could ruin careers. Even regular folks have reason to fear oversharing.
You've heard it tossed around in films - that mysterious word "trust". Yet for the average person, it remains a somewhat ambiguous concept. So, what exactly is a trust? When most people hear about trusts, they see it as a way for the wealthy to protect their fortunes. But did you know trusts offer advantages for everyone? They encompass privacy protection and asset succession planning.
How Trust Protects Your Privacy?
A way to protect our privacy is by conducting daily expenses without revealing financial transaction records or invoice receipts. During daily life spending, we can shop online or travel using our Asset Link credit card, which is connected to the trust assets, and make purchases under the trustee’s name. Also, with a trust, we have the option to acquire real estate, luxury vehicles, or artwork under the trust's name. This means that the trust company holds these assets on our behalf, owning the legal title. Consequently, all the receipts of purchases will display the name of the trustee instead of our legal name, while we maintain beneficiary ownership and usage rights.
With such a layer of protection, we can freely consume while keeping our personal information shielded. So, whether you have millions or just want peace of mind, trusts deliver long-term benefits well beyond just wealth preservation.
If you, too, value personal privacy and seek to evade institutional surveillance, create a Free account and start spending without exposing your personal details today. Also, subscribe for upcoming articles that explore trusts and their role in protecting your privacy now.
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