#2 is better than just being screwed for nothing, but a discount for giving up privacy is equivalent to others paying extra to keep their privacy. To me privacy should be a right, and not a premium tier.
What if I'm willing to forgo my privacy in exchange for money? There's no real difference between saving $10 and getting paid $10, so "privacy should be a right, and not a premium tier" is fundamentally incompatible with "people should be allowed to voluntarily sell their data".
The law also prevents you from giving up your freedom for money; a contract like "I accept to be the indentured servant of $CORPORATION in exchange for $50k" is void. Similarly it should prevent you from giving up your privacy like that.