alt Hacker NewsFeel similarly. And to be honest, even when I do select decline all, I have little confidence that the function does what it says it does.
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This is how we should view all information we get from a company. If the product say organic, claim to be pure ingredients, recycled material, made in "COUNTRY", or any other claim, it is only just that. It is simply a claim that you as the customer has no way to verify.
Having seen how these things are implemented in the field, your lack of confidence is definitely well placed. Most of these things send your denial request to /dev/null
Firefox has a setting to dump cookies on exit, which I use.
When you decline, their tracking becomes illegal, so they are constantly in danger of a legal action. It's a good enough reason to declime for me.
Yes, I do not have a lot of faith that "essential" cookies are always "essential" for example.