Alt-Market: People around the world are already being judged and denied access to financial services because of their social media data — and they don’t even realize it.
By now many of our readers are aware of the ongoing rollout of a nationwide social credit system in China. Starting in 2009, the Chinese government began testing a national reputation system based on a citizen’s economic and social reputation, or “social credit.” This social credit score can be used to reward or punish certain behaviors. The idea is that the state can give or takeaway points from a social credit score in order to engineer good behavior from the people.
According to a new report from cybersecurity experts Kaspersky, 32 percent of adults between 25 to 34 have had issues getting a mortgage or loan due to their social media activity. The denial of loans comes as part of “social scoring systems” which are being used at an alarming rate by government and businesses to determine customers or citizens “trustworthiness.”
More than 4.5 billion people use the internet around the world, and 3.8 billion have social media accounts. Read More …
Opinion: Social Credit Systems make decisions for us or about us and few are even a little bit concerned.
- 67% of people are willing to share their profiles to secure online shopping discounts
- 52% percent are willing to share their profiles if it means skipping lines at airports
- 51% said they are fine with government monitoring their social media behavior if it means keeping the public safe
Look at those percentages! It is rare that over 50% of the people of any country agree on pretty much anything. US Presidential elections bear that out.
Electoral vote vs Popular vote
|1912||Woodrow Wilson (D)||81.9||41.8|
|1916||Woodrow Wilson (D)||52.1||49.3|
|1948||Harry S. Truman (D)||57.1||49.5|
|1960||John F. Kennedy (D)||56.4||49.7|
|1968||Richard M. Nixon (R)||56.1||43.4|
|1992||William J. Clinton (D)||68.8||43.0|
|1996||William J. Clinton (D)||70.4||49.0|
|2000||George W. Bush (R)||50.3||47.8|
In the last 100 years, only Barack Obama won the popular vote by over 50%.
- 52.9% in 2008
- 51.1% in 2012
With no knowledge of Biblical prophecy, a blind populace will gladly accept privileges and conveniences in exchange for freedom, opening the way to a future authoritarian government to amass previously unheard of power.
We call it ‘necessary infrastructure’ since the final global government (Daniel 9:27) will have only 7 years to bring an end to human government, and the beginning of the Millennial Kingdom (Revelation 20:2-3) and Divine government.
“He laid hold of the dragon, that serpent of old, who is the Devil and Satan, and bound him for a thousand years; 3 and he cast him into the bottomless pit, and shut him up, and set a seal on him, so that he should deceive the nations no more till the thousand years were finished…”
Thanks to VS for sending this article in.