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Just look at the promo video of the digital wallet of Bill Gates funded Thales for how this would combine with vaccine passport and ESG scores to usher in China

Just look at the promo video of the digital wallet of Bill Gates funded Thales for how this would combine with vaccine passport and ESG scores to usher in China style tyranny https://youtu.be/PxvNzzgoJX8 https://youtu.be/PxvNzzgoJX8 Of cause, because on a government controlled digital currency there would be no anonymous transaction and like the Chinese anyone with a low ESG score can be stopped from spending their cash. Yes, all across the world a social credit score called ESG is adopted by banks. https://youtu.be/8f1Z57hwbWY https://youtu.be/8f1Z57hwbWY Or what if they decide you used up your quota? No flight, no meat or no car ride for you because they won’t let you spend your money

AtlasBarfed 5y ago
The US already has all the infrastructure for "total tyranny". If private consumer information databases already know everyone in america and their spending habits, then the Feds have that and then some. It is what makes presidential elections scarier each year: all it takes is one president with a false flag attack (or maybe not even that). Bush had the opportunity, but not really the means or the motive. Obama had the means, but not really the opportunity or the motive. Trump had the motive and means, but not the opportunity. In a more ideal world, the "social karma" would be a good thing: crypto and such tracking could enable actually effective environmental regulation and rewards. It could enable penalizing previous revenues/profits/gains for economic activity that turned out to be deleterious. For example, I would very much like to be able to reduce the value of all profits from oil by 90% historically, if I had such powers as god-emperor treehugger. Crypto could provide such powers. Of course they won't be used properly, and tyranny. But it is theoretically possible.
- asabjorn 5y ago
  Yes. That’s exactly why you want a system where the means are not there to institute tyranny, and there is a separation of power where multiple powerful hierarchies check each other. My point isn’t that some of this can’t be done now, but that this tech is a force multiplier as evidenced with how China use this kind of tech for social control Systems like this that are marketed assuming an enlightened selfless group control it fails to take human nature into account. It never worked before and with the means we have no it will fail spectacularly. Certainly the WEF and it’s Young Global Leaders haven’t shown selfless restraint so far. Eg Boris Johnson, Trudeau, Markel all were caught partying while forcing everyone else to do the opposite. They all become wealthy while in power.
max51 5y ago
You should see the microchip ads from one of the think-tank he is funding. I wish I had kept the links/videos of them. They were strait up talking about the advantages of having a microchip in your hand and had testimony from "normal" people telling us how great it was to no longer have to carry around key cards to open doors. It was very creepy knowing who funded it and how much influence they have. On a positive note, it was nice to see the extremely negative reaction from social media at the time. Hopefully that got us an extra decade before someone more serious than a shitty think tank (eg. a government) makes a push for it.

AtlasBarfed 5y ago

The US already has all the infrastructure for "total tyranny". If private consumer information databases already know everyone in america and their spending habits, then the Feds have that and then some. It is what makes presidential elections scarier each year: all it takes is one president with a false flag attack (or maybe not even that). Bush had the opportunity, but not really the means or the motive. Obama had the means, but not really the opportunity or the motive. Trump had the motive and means, but not the opportunity. In a more ideal world, the "social karma" would be a good thing: crypto and such tracking could enable actually effective environmental regulation and rewards. It could enable penalizing previous revenues/profits/gains for economic activity that turned out to be deleterious. For example, I would very much like to be able to reduce the value of all profits from oil by 90% historically, if I had such powers as god-emperor treehugger. Crypto could provide such powers. Of course they won't be used properly, and tyranny. But it is theoretically possible.

asabjorn 5y ago
Yes. That’s exactly why you want a system where the means are not there to institute tyranny, and there is a separation of power where multiple powerful hierarchies check each other. My point isn’t that some of this can’t be done now, but that this tech is a force multiplier as evidenced with how China use this kind of tech for social control Systems like this that are marketed assuming an enlightened selfless group control it fails to take human nature into account. It never worked before and with the means we have no it will fail spectacularly. Certainly the WEF and it’s Young Global Leaders haven’t shown selfless restraint so far. Eg Boris Johnson, Trudeau, Markel all were caught partying while forcing everyone else to do the opposite. They all become wealthy while in power.

max51 5y ago

You should see the microchip ads from one of the think-tank he is funding. I wish I had kept the links/videos of them. They were strait up talking about the advantages of having a microchip in your hand and had testimony from "normal" people telling us how great it was to no longer have to carry around key cards to open doors. It was very creepy knowing who funded it and how much influence they have. On a positive note, it was nice to see the extremely negative reaction from social media at the time. Hopefully that got us an extra decade before someone more serious than a shitty think tank (eg. a government) makes a push for it.