We make a big hoo-ha about “social credit”, but I would argue that western financial credit scores function (or will function) in a very similar way given the a

We make a big hoo-ha about “social credit”, but I would argue that western financial credit scores function (or will function) in a very similar way given the amount of data some of the third party credit score providers pull and can pull in. The threat is huge because pretty much everyone needs credit to buy a home, and if you’re not a good boy or girl, that possibility will be taken from you. And here’s the dark feeling: Facebook profile and use creates a personality profile. Personality profile is valid credit-score data. That data was possibly stolen from FB. If so, your financial credit score (and by axiom social credit score) is now available to anyone who will pay for it. I’ve been particularly aware of this, because as a self-employed entrepreneur, my credit score has taken a pummeling - I think largely due to erratic cash flow. I see it as a long term threat to risk-taking. Basically, the lesson is clear: by seeking to change things, as entrepreneurs do, you’re not being a good boy or girl.