It's your consent or refusal for sharing with us your data: what do you click on website. Some basic cookies are required, while you can turn off manually marketing and analytics stuff in the settings popup.
Privacy is a relative concept, but you have the option of disabling certain types of storage that may not be necessary for the basic functioning of the website.
You can't turn off essential cookies, they are always active as they're required for basic functioning of the website. This whole cookie thing is all about Privacy policy.