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BlackRock's Larry Fink: "Tokenization", Digital IDs, & Social Credit

https://thewinepress.substack.com/p/tokenization-blackrocks-larry-fink
31•sbuttgereit•4h ago

Comments

viccis•2h ago
You first, Larry. Any functional social credit would have him at "untouchable" levels.
cattown•1h ago
Use cash. Get cash out at the ATM, keep it in your wallet. Spend it at local businesses. Even if you can’t do it all the time do it as much as you can. Start today and stick with it.

Otherwise this is what we’ll be stuck with everywhere all the time. There won’t be a choice anymore if you don’t exercise that right. We’re already far down this slippery slope.

mrdarkies•1h ago
cameras + machine learning trackable serialized bills
Almondsetat•1h ago
Yeah, people forget bills have a serial code, and if shops were required by law to validate them you could still mostly track all the money
calciphus•1h ago
Or if it was just valuable tracking data for them to have.

You don't need a law where there's profit incentives. Rewards programs track plenty.

idle_zealot•1h ago
And advocating for mass individual consistent behavioral change is less than useless. If you want change you need political organization. The sum of public opinion is more influenceable than the sum of everyone's actions. Unfortunately, in the US it's not so simple as "vote for the party that's against this" as we only have two and neither are. Which means if you want to be effective you should throw your lot in with an advocacy group. In this case probably the EFF, maybe the ACLU?
sequin•32m ago
Many people (not the EFF or ACLU, lol) saw it coming years ago and put in a monumental effort to try to turn to tide, only to be relentlessly repressed and dehumanized by bolsheviks and idiots.
AlexandrB•1h ago
What I find funny about this is that cryptocurrency - a supposed way to create a currency independent of bank or government control - laid the foundation for this. Look at all the terminology Larry Fink is throwing around here: tokens, ledger, fractional ownership.

Good stuff, thanks guys!

IncreasePosts•1h ago
Cryptocurrency did not lay the foundation for a ledger. That's been around for over 500 years. And fractional ownership was well understood before computers, but viewed as not worth the effort.
gessha•54m ago
In popularized the terms because cryptobros made it their life mission to advocate for it. The sermons had to explain all the terminology GP mentioned.
kogasa240p•29m ago
Read the Great Taking book, it's a bit kooky in some places but a good read nonetheless.
storus•59m ago
Dude who became powerful by the simplest business model in existence (buying S&P winners with other people's money, selling losers), suddenly gets to set the policy for the rest of the world. Index funds should never be allowed to vote in corporations they own as their business model is just a simple rental of success.
slowhadoken•49m ago
Like forcing ESG wasn’t creepy enough. Social media is already too much herd mentality.
pharos92•27m ago
Hate is a powerful word. But I really hate this people. If you work on these projects, shame on you.
zigzagger11•18m ago
Um. This is a disturbing article but the source is a Christian website monitoring for the Apocalypse.
sbuttgereit•5m ago
It's a fair point. I actually posted the article mostly to get discussion... and before I realized exactly what the rest of the website was about. So I would urge taking things in that spirit, including feeling free to call out that the assertions in the article are wrong in fact or interpretation.

I do think it raises some fair questions about the drive to certain forms of digital commerce and identification. Perhaps, just because you're paranoid doesn't mean they aren't out to get you.... at least sometimes...

For the record, I've seen no convincing evidence for the existence of a divine presence of any sort and don't support most of the site's messaging. Sure, we could be on the edge of real apocalypse, but am very doubtful that, should that day come, it will be the Christian Apocalypse or the same prophesied from any other faith for that matter.

varispeed•10m ago
That's how democracy was bypassed. Whoever you vote for, they'll do what Fink says, not what voters choose.

In the UK, it's the duty of MI5 to ensure such corruption of state doesn't happen. See how well they protect British public:

https://www.reddit.com/r/LabourUK/comments/1gx4qoa/keir_star...

https://www.gov.uk/government/news/new-digital-id-scheme-to-...

Security services should start doing their job and restore our democracies.

Mr Tiff

https://inventingthefuture.ghost.io/mr-tiff/
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BlackRock's Larry Fink: "Tokenization", Digital IDs, & Social Credit

https://thewinepress.substack.com/p/tokenization-blackrocks-larry-fink
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