Biometric National Digital IDs are Coming Soon to Pave the Way for Central Bank Digital Currencies
Imagine a world where you cannot purchase anything in a retail store, or online, or be able to access the cash in your bank account, unless you first use your cell phone to scan your face to prove your identity. You are assured that your face image is "secure" and never shared or sold to third party advertisers, but now every time you scan your face to make a financial transaction, a new digital image of your face is stored somewhere, where it can be hacked or sold to the highest bidder. Now, every time you go out into the public where there are cameras everywhere today, from your neighbor's door cameras to the cameras on street lights and traffic signals, to even the cameras in and around your car, someone with the technological know-how could literally trace every step you make, and everywhere you went, who you met, and possibly even everything you said and did with that person, because your national ID is now tied into your face scan which you have to constantly use with your national digital ID. Does this sound like some futuristic science fiction movie? Because I assure you, it is not, and if you do not prepare yourself for the push to give up your biometric data, such as face scans, palm scans, and iris scans to obtain a National ID that will soon be required to participate in the economy, even when purchasing and doing banking online, then you will probably be completely helpless to resist when it comes. And it's coming soon, very soon, as the Bank for International Settlements (BIS) and the Bank of England are already testing such a system, as is the U.S.