This should be the default rather than a user-requested option. I would consider auto-deleting user data (ensuring privacy for anyone's data outside some window of time) to be akin to auto-opt-in organ donation: most people don't know or care enough to change the default and will go with whatever is on the form (which is why organ donation is 99ish% of some populations in Europe and drastically lower than that in the United States - we should ignore the moral implications of choosing for people and focus on the outcomes of choosing a 'sane' default action). If you want an iron-clad guarantee sequences will never fall into the hands of bad actors (anyone who has delusions of genocide, for example) deletion/destruction is the way to go; perhaps even two or three passes of bit-by-bit overwrite.
Consider a future where such sequences will allow bad actors to engineer viruses against family units, regions of peoples, and so on.