Comment: Disregard the "most people won't make it" comment which is clickbait. The video is well worth watching however.
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Governments and global institutions are standardizing digital IDs built on biometrics, then wiring those IDs to your money. In this model, your face, fingerprints, or iris confirm every transaction and gate access to basic services.
The stated goal is inclusion through Know Your Customer or KYC rules and safer payments. The design also concentrates power, since the same ID can switch your wallet on or off. But it doesn’t end there. The next phase links identity, wallets, and policy in one infrastructure. More
Jamie Tree YouTube Channel:
One blink, and your identity unlocks a programmable wallet. That’s the latest message from writer and journalist Whitney Webb.
Governments and global institutions are standardizing digital IDs built on biometrics, then wiring those IDs to your money. In this model, your face, fingerprints, or iris confirm every transaction and gate access to basic services.
The stated goal is inclusion through Know Your Customer or KYC rules and safer payments. The design also concentrates power, since the same ID can switch your wallet on or off. But it doesn’t end there. The next phase links identity, wallets, and policy in one infrastructure. More
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