I understand the feeling on the dictatorship view of the things.

The problem, in my perspective is that, the wrong set of people (aka.: big tech) already have this data, if not even more than data, or the private surveillance companies (aka.: pala||n%t65||) have this data.

This is where the danger lives. This data can and will be used for profit. To pray on the small guy, to make life of the common worse.

I know that the regime in some countries (like US), trusting the government is hard. But with the right set of audits, encryption and some push from the people. Data can be secure and private store. And only with the permission of the owner of the data provided to the right person, for the right amount of time.

Just to be clear, I know this is mostly wishful thinking, and utopian view.
But we need to start in some point this change.