The simplest thing to do is just create a new yahoo or gmail account and use it to register the Kobo. You do not need to enter any real information at all, I believe I only have an email entered and nothing else. Amazon requires registration as well for Kindles.
I really could care less if they somehow knew what I read, the stores after all do have your purchases recorded already, so that information is already "out there". But I was always afraid if I lost my reader, that someone could charge $100s of books before I even knew it was missing. So there is absolutely no billing info, name, nothing other than an email address at Kobo. I keep wifi off, I only sideload all books (I just prefer all purchases to stay in one spot on my PC), I manually upgrade firmware when there's some new feature I'd like. And it's absolutely no hassle doing the registration that way.
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