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@jwildeboer That is already a reality today. If you need a US visa, you need to tell them about your social accounts. Be prepared to have to explain why you don't use FB.
If you need credit, you need a record of your credit usage. Problem if you pay most in cash. In countries where most people pay by card, be prepared to explain what you do with your money if you are controlled by the tax authorities. They will have access to your bank accounts and see cash withdrawals.