Speaking of where the trend is going this morning, I saw a piece of news from a paper from the international monetary fund, in which it states that to grant pes we companies should not simply follow the indicators used such as their credit history, their credit rating, among others. indicators, delinquency rates and all that if not that they should use people's internet searches, their social networks, their operating system, or their software that they use, and all this that could make people access credit and can be people who could be better paid than others who have a good rating, but I believe that they analyze that after that Facebook goes with its exlibra now diem, since they will have all the knowledge of their clients and if they have the money and the history then they would make a fortune not Well, apart from what you already do, I think that if you go for that as you say here, in 10 years they would have turned the entire current financial system as we know it until today, you We will make a breakthrough that could benefit people.
If a bank does not give me credit, I ask Facebook, jaaa and bye financial system imagine 2 billion people who would bank faceebook at a stroke, and if we add to this the tokenization that is being developed then we would have a pretty good approach, and We who are here, from early on we just have to be patient and wait for it to go up, go up, go up and keep going up or just go for a thing and become a shitcoin jaaaaaaaaaaaa
like many of the ones we have but as someone said out there, you have to have a little bit of all the good projects that have potential, see dogecoin and ltc jaaaaaaaaaaa, although they are not programming for now, their growth looks good tomorrow who knows owes a lot to Elon Musk the manager of doge,
Well, if you are interested in reading the document of the international monetary fund, here is the link. I don't usually leave a link, but this document is good, there are good graphics there.
Greetings and happy day.
Posted Using LeoFinance Beta
This social credit you’re describing is currently tested in China.
Will be exported to western countries as soon as it’s well rehearsed :(
Posted Using LeoFinance Beta
We need to fight against it and do all we can to keep from feeding it more data.
It is tough but getting away from the likes of Facebook is the first step.
Posted Using LeoFinance Beta
Count on me for that.
Not feeding any of these and always trying to convince my people to stop using it
Posted Using LeoFinance Beta
If I imagine it, and if it is a good piece of information since many of the traditional tools have been left out and the truth is a wealth of information that is currently not being used, there you can see just by looking at someone's phone if it is a person wasteful their consumption habits, their preferences, literally their entire life their income and expenses, in truth that google knows people better than they know themselves, that if we are screwed, there is no privacy that is worth, but good as he said Someone in the movie about social networks, if something is free and you are not paying for it, the product is you.
Thanks for the answer, we hope that companies are also leading us on the path of innovation but at least as the friend says here, at least we can get some pennies from them, it will not be all free, something will have to be taken for our information, that is the hope.
Posted Using LeoFinance Beta
None of that is any more appealing, to me, than the present system.
Just another way to control the masses by the few.
Anything Facebook is involved in tells me that it is just one master (group of elites) taking over for another. Replacing the bankers with mega tech does not lead to any better outcome in my opinion.
Posted Using LeoFinance Beta
Agreed. Tokenization is nothing unless you break the control of one individual, one organization or one concept. Tokenizing the share and responsibility should decentralize the power.
Posted Using LeoFinance Beta