Which ... why do you think we have GDPR? Data privacy to Germans is what the second amendment is to Americans, a defence against tyranny
Financial transparency is a big thing in Scandinavian countries where cash is basically non existent and you can view the tax returns of others, and they still have GDPR and no tyranny while having low corruption and high government transparency. It's the sign of a fair and high trust society.
So I'm not baying it.