I believe you should Google that kind of stuff instead of trying to make it a debate in comments. There is no single right move about what to do with the money, but governments are spending billions (including those from these fines) to build their countries https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Government_expenditure_on_general_public_services
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The technique they use does not really change to the issue.
It's also not necessarily more secure than third party cookies like you claim? You can refuse those cookies and not all website use them, while all website ends up in browsing history.