+1. The volume of information is beyond imagination. Only if you break the law are you likely to attract attention and I don't think we fall into that category. However I still wish to retain my privacy.
They're merely putting into law what they've been doing for years.
It's not so much about not wanting the authorities to know everything you do. People get worried that some big website has been hacked containing data that should be private, but big sites are hacked every day. You only need to look on a cyber security website to see the frequency and scale. Now add to that that the new law has a whole big list of organisations that can have access to your data. We have to assume that everyone that has access is tech savvy and completely honest.
If the U.S. Democratic Party and a Presidential candidate couldn't keep their/her business quiet, what chance do you have, honestly?? What will be will be, but these arguments about nowt to hide or they're not interested in me are frankly utter rubbish. There is freely available software to automatically sort through tens of thousands of bits of data from as many people in the list and the software will look for specified keywords, from passwords, emails, escorts whatever. Anything juicy is then even righteously sent to Wikileaks or far more commonly, whichever tabloid pays.
You've already seen the main reason governments want it is financial, from the bugging of Merkel and business accounts that were bugged. The main reason the Daily Mail or your local tabloid would like it will be less intelligent.