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Re:StreetLend.com shuts down, citing GDPR regulations by chii on Tuesday May 01, 2018 @08:13PM (#16972974)
Let me play devil's advocate, and say that some personal data may not be immediately useful, but if continued to get collected, may become useful (for commercial exploitation) later.

For example, an online shop might collect customer addresses, even if the sale is purely digital. If the shop ever decides to expand to physical goods, those addresses will be very useful to find an optimal location.

However, GDPR prevent the shop from collecting (or more accurately, raises the cost of doing so), since the use, and value of, said data only becomes apparent in the future. So the shop makes the best choice now to remove the collection, and then suffer the future disadvantage.

Re:StreetLend.com shuts down, citing GDPR regulations by kajmagnusmobile on Thursday May 03, 2018 @02:18PM (#16988346)
Save the data, tell them about it in your privacy policy (i.e. that you remember that data and how you have in mind to use it), and add a "delete account" button that deletes that data.

Maybe show a notice just below the address input fields that "we remember your address for a while, this is why" and link to the relevant section in the privacy policy.