4 ms·
Why do we need a social credit score when we already have money?
by djakjxnanjak 7y ago
Why do we need a social credit score when we already have money?
- mindslight 7y agoMoney has inconvenient qualities for those in power: 1. Actually using it results in parting with it (rather than being able to merely present it over and over) 2. Money held by outsiders is just as valuable as money held by insiders (giving outsiders independent power) #1 is mitigated by the inflationary treadmill policy, and #2 is mitigated by oxymoronic "money laundering" regulations. But the authoritarians in power are always seeking new ways of eroding distributed paradigms.