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Privacy Policy

Last Updated: September 26, 2025
Effective Date: September 26, 2025

1. Our Commitment to Privacy

"The Dollar Experiment" is built on principles of transparency and minimal data collection. This Privacy Policy explains how we collect, use, protect, and share information when you participate in our social experiment.

2. Information We Collect

2.1 Information We Collect

Payment Information:
  • Contribution amount ($1)
  • Payment method details (processed by Stripe, not stored by us)
  • Transaction timestamp and unique transaction ID

2.2 Information We Do NOT Collect

We explicitly do not collect:

  • Full name or personal identity information
  • Email addresses (unless you voluntarily contact us)
  • Detailed address information
  • Phone numbers
  • Social media profiles or accounts
  • Geographic location or IP addresses
  • Browser or device information
  • Website usage analytics or tracking data
  • Sensitive personal data (health, religious, political views)

3. How We Use Your Information

3.1 Primary Purposes

  • Experiment Operation: Process your contribution and provide access to the participant count
  • Platform Improvement: Analyze user experience and optimize website performance
  • Legal Compliance: Meet regulatory requirements for financial transactions

4. Legal Basis for Processing (GDPR)

We process data based on:

  • Legitimate Interest: Operating the experiment and preventing fraud
  • Contract Performance: Providing the experiment experience you've requested
  • Legal Compliance: Meeting financial and tax regulations

5. Data Sharing and Disclosure

5.1 Service Providers

  • Payment Processing (Stripe): Processes all payment transactions securely under PCI DSS compliance
  • Hosting Providers: Secure hosting and infrastructure services with GDPR-compliant data processing agreements

5.2 What We Do NOT Do

We do not and will not:

  • Sell personal data to third parties
  • Share data with advertisers for targeting
  • Use data for unrelated commercial purposes
  • Provide data to data brokers or aggregators

6. Data Security

We implement industry-standard security measures:

  • HTTPS/TLS encryption for all data transmission
  • Database encryption at rest
  • Regular security audits and monitoring
  • Multi-factor authentication for admin access
  • Incident response procedures for potential breaches

7. Data Retention

  • Transaction Data: Retained for 7 years for legal and tax compliance

8. Your Rights

8.1 GDPR Rights (EU Residents)

  • Access: Request a copy of your personal data
  • Rectification: Correct inaccurate information
  • Erasure: Request deletion of your data (with legal limitations)
  • Portability: Receive your data in machine-readable format
  • Objection: Object to processing based on legitimate interest

8.2 CCPA Rights (California Residents)

  • Know: What personal information we collect and how it's used
  • Delete: Request deletion of personal information
  • Opt-Out: We don't sell data, so no opt-out needed
  • Non-Discrimination: Equal service regardless of privacy rights exercise

8.3 How to Exercise Your Rights

  • Email: thedollarexperiment@yahoo.com
  • Response Time: 30 days for GDPR, 45 days for CCPA
  • Verification: We may request additional information to verify your identity

9. International Data Transfers

Data may be processed in different countries with adequate data protection measures including Standard Contractual Clauses where required by law.

10. Children's Privacy

You must be at least 18 years old to participate in this experiment. We do not knowingly collect information from individuals under 18.

11. Changes to This Policy

We may update this policy periodically. Material changes will be prominently communicated through our website. Continued use constitutes acceptance of changes.

12. Contact Information

  • Privacy Questions: thedollarexperiment@yahoo.com
  • General Support: thedollarexperiment@yahoo.com

Your privacy is important to us, and we're committed to protecting it while enabling this unique social experiment to flourish.