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 ne...