How Your Money Will Be Controlled Now
https://www.youtube.com/watch?v=Piz8YUGxvSk
Language: en | ASR: large-v3-turbo @ 0a363e9161cbc7ed1431c9597a8ceaf0c4f78fcf

[00:00:00.000 --> 00:00:05.280] Speaker 1: A high score means you get access to better loans, more opportunities. A low score means
[00:00:05.280 --> 00:00:09.140] Speaker 1: you can't buy a plane ticket, you can't get certain jobs. They want you, quote, on your
[00:00:09.140 --> 00:00:13.720] Speaker 1: best behavior. The easiest way to understand the digital control grid is to look at each
[00:00:13.720 --> 00:00:18.280] Speaker 1: one of them separately. The first pillar is programmable money, which they say is needed in
[00:00:18.280 --> 00:00:23.380] Speaker 1: a world where AI will replace all the jobs. Right now, the dollar in your bank account is
[00:00:23.380 --> 00:00:27.320] Speaker 1: just a number. It has no rules attached to it. You can spend it on whatever you want,
[00:00:27.480 --> 00:00:30.920] Speaker 1: wherever you want, whenever you want. Programmable money is different so imagine you get a
[00:00:30.920 --> 00:00:35.240] Speaker 1: paycheck and it's only valid for a certain amount of time before it expires now i'm not
[00:00:35.240 --> 00:00:38.860] Speaker 1: saying that these specific rules are coming tomorrow i'm just saying that the technology to
[00:00:38.860 --> 00:00:44.740] Speaker 1: do all of this already exists that all stablecoin issuers must connect to a treasury
[00:00:44.740 --> 00:00:49.740] Speaker 1: department pipe one that applies anti -money laundering rules and sanctions enforcement and
[00:00:49.740 --> 00:00:54.020] Speaker 1: once this connection exists it can be integrated with anything including a social credit
[00:00:54.020 --> 00:00:58.280] Speaker 1: system a social credit system is basically a score that gets assigned to you based on your
[00:00:58.280 --> 00:01:02.560] Speaker 1: behavior did you pay your bills on time score goes up did you jaywalk or post something
[00:01:02.560 --> 00:01:07.480] Speaker 1: critical of the government online score goes down and your score determines what you'll be
[00:01:07.480 --> 00:01:12.660] Speaker 1: allowed to do every stock you own every bond and every asset will be on a programmable
[00:01:12.660 --> 00:01:18.240] Speaker 1: ledger and once it's there, the rules that govern your money can be changed at any time by
[00:01:18.240 --> 00:01:19.300] Speaker 1: whoever controls that system.