India: total control through abolishment of cash

India: total control through abolishment of cash

15.04.2018

At the 2017 World Economic Forum in Davos, Switzerland Amitabh Kant, director of India’s leading Economic Aid authority announced the introduction of payment by means of biometric data in India within three years. This means that financial transactions and all payment is no longer done with a card but by means of fingerprint, face or voice identification. For this purpose India already started a program in 2010, with the goal of collecting all bimetric data of all 1.2 billion Indians. This encompasses registration of all ten fingerprints, images of the retina and a frontal portrait. Through the radical cash refrom program, which India’s government carried out in 2016, the entire population was forced to register all biometric data. Invalid bills could only be exchanged by means of a personal bank account which - in turn - could only be opened by means of registering all biometric data. By abolishing cash, not only is the population being robbed of cash-money but, is also becoming completely controllable and easily ruled over. Is this kind of payment system being tested in India in order to implement it then world-wide? “Arguing that you don’t care about the right to privacy because you have nothing to hide, is no different than saying you don’t care about free speech because you have nothing to say” (quote from Edward Snowden, former US secret service employee)

from hag.

Sources/Links: http://www.weforum.org/about/indias-turn-to-transform
https://linkezeitung.de/2017/01/26/bargeldabschaffung-dank-biometrie-jeder-von-uns-in-indien-wird-zu-einem-wandelnden-geldautomaten-werden
https://www.youtube.com/watch?v=oalWeQpyTfw