We need encryption because big companies can't be trusted with our data. Especially companies that contract for the government. In the US the company Cambridge analytica, I think it was, that was caught making black mail for the trumps had a data breech where all our voting info for the whole country was stolen. Everyone party affiliation, address, DOB, everything, is now "public record", you can never get that back or fix that. Private companies shouldn't even be allowed to have this data. Or look at the millions that shopped at target and got their bank details stolen. Our quest to make money off everything is catching up to us. We tried to make the space shuttle profitable and it blew up because they couldn't wait for the ice to thaw, that would mean less profit as time is money.
"An innocent person who has nothing to hide shouldn't be concerned with us seeing your person business" I so wrong and was first said in the McCarthy era. I say to those people: Next time you take a shower open the blinds on your bath room window and put up a clear shower curtain. You are not jerking off in there, you have nothing to hide.
Plus that has so many other implications for people like me who have changed who they were/are and don't want to announce to the world that they used to be a different person. If you are both genetically lucky enough, and have put in enough effort, pain, time, emotional energy and money to change, the last thing you want is to be "found out/clocked" because some company was putting profits above personal privacy. I have no idea what to do when consumer reports and other personal data I don't have access to, can't see, or change, runs an algorithm that comes up male now says female. Does that get encrypted? No it's put on a billboard with big flashing lights on it.