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Privacy is not such a big thing. Most of the Asian societies have been very open in the past and privacy only hurts it. But, with the power to monitor people in the hands of government or social media companies, it is better to have at-least some privacy. Encryption for financial transactions is a must. Reputations can be built and tarnished easily very rapidly. It is natural that there should be adequate protections in law. Social media should not be used to incite mobs or fan riots. More such actions are required to prevent unnecessary conflicts. Tracking user actions only help in identifying when trouble arises.