Well they aren't really sharing the information, they are allowing trade me to verify information you volunteer. The police form is a decent system, but it is by no means fool proof. This would add another layer of security to the largest firearms trading platform without any real extra risk or impingment on our rights/privileged. Personally I think that once we get past the sensationalism it's a worthwhile notion.
The key here is the fact that the I formation must be entered by You, and as such if you don't use it you are not under any perceived risk.
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