@hugo I have fairly big expectations regarding privacy, going as far as the fact I’m not even sure I’d want other people to know I have Monzo (just because they have Monzo too and we happen to have phones exchanged).
That was one of the things I hugely dislike in Whatsapp, although in whatsapp it’s a lot more annoying/accessible to approach someone. However, message + 1p transfer is quite accessible too.
So for me it’s not about showing ‘less’ contacts, because that could be done with just ‘show starred/favourited contacts first’ (like skype does and ton of other apps).
I would like to exclude certain google accounts from Monzo, my work gmail account feeds 700 contacts, many with phone numbers. That would be a huge help already and probably useful in de-work-ifying contacts.
Finishing touches - block people. If they are blocked, they don’t see I’m on Monzo and they can’t bother me.
Overall, I expect Monzo to be not that different than normal bank in this particular aspect. No one can get my bank account details or pay me money, unless I specifically share them. I can see how contacts appearing as Monzo users can be beneficial for Monzo (fame and publicity), but it has no benefit for privacy freaks. Why would Monzo insist on functionality that is unwanted by privacy freaks? I don’t mind it being enabled by default as it definitely wouldn’t bother most people, but giving option to resign and use only manual, granular contact whitelisting would be an ideal solution for me.