Correct, but a few additions.
They already have your credit card on record for repeat purchases (if you pay digitally, they know who you are), thats not the data those apps are after. They are just as bad as tiktoc and reddit when it comes to tracking phone activity and asking for every permission that isnt nailed down. Your phone activity data is worth more to data brokers than a free sandwich every tuesday.
o7
How do you do fello space nerd.
The getting people to use it.
Took me months after issueing my friends and family accounts for most of them to get the concept and install something to log into (I still get complaints about Element, and thats one of the nicer ones).
For mobile apps, if its not seamlessly integrated into their existing accounts or they have to remember a new password, you might as well have given them a bag of spiders.
Exactly this. If you hear people talking about investments around the Thanksgiving table, its time to bail. All the smart people got in months ago and have left, they are just looking for bag holders now.