Home » Trendies Ready for Ultimate Wearable: “Chip Implanted in Their Skin Used for Payments”
As SHTF has previously noted, the likelihood of a forced RFID implant under the guise of a martial law pandemic emergency might be a little too obvious, as far as future tyranny goes.
Before it comes to that, it seems plenty of people will be voluntarily subjecting themselves to cattle-like status, by jumping at the chance to ditch the inconvenience of a wallet and get a “smarter” payment system that can be embedded under their skin.
Via the Business Insider:
A mind-boggling 25% of Australians say they are at least “slightly interested” at the prospect of having a chip implanted in their skin that could be used for payments, new research has found.
The research by credit card company Visa and the University of Technology Sydney found Australians are open to the prospect of paying for items using wearable tech including smart watches, rings, glasses and even a connected car.
“New technology like tokenisation makes it possible to turn any device into a secure vehicle for commerce. We’re already seeing smartphone payments take off in Australia.
Things are about to get creepier. The significance of the “mind-boggling 25% of Australians” is that the number is growing into a sizable portion of the population. They are ready to accept it.
If that continues, polls might soon show that 60% and 80% of the population are interested in these devices, and that a 25% or 33% of them are already using them.
Whereas firms like VeriChip met fierce resistance in introducing implantable RFID chips in the wake of 9/11, the furious trend to buy smart technology is making biometrics and data tracking seem passive and benign – even in the face of Edward Snowden’s revelations about mass surveillance through a partnership between the government and private industry.
To make matters more conspiratorial, this poll linking the popularity of wearables, implants and digital payments coincides with numerous calls in the financial sector to ban cash and force people to use electronic currency in order to make the enforcement of certain economic policies easier (and to enrich banks with deposit fees, transaction fees and fines, of course).
The Federal Reserve bank and its owners, the largest banks on Wall Street, want badly to be able to charge you interest for the privilege of depositing your funds. The problem is getting you to stand for it.
[T]hey can bring interest rates to zero, but reducing them further below that is fraught with problems, the biggest of which is cash in the economy.
Cash therefore gives people an easy and effective way of avoiding negative nominal rates.
But of course… there are definitely some drawbacks to a cashless system.
Switching exclusively to electronic payments may create new security and operational risks.
Abolishing currency would inevitably be associated with a loss of privacy and create risks of excessive intrusion by the government.
Nevertheless, it is coming down the pipe – and privacy (and the protections of the 4th Amendment), as we have learned well, doesn’t mean much to those controlling the system.
Will forced RFID implants on a cashless control grid inside an electronic prison planet really be our future?
There are many who will draw a firm red line against it, who will even die before they take it.
But there are others who will line up for it the same way they have lined up for any other release of the latest techno gadget.
As with any other new technology, acceptance by the masses depends upon the early adopters, who typically pay premium prices to get consumer electronic systems before they become the standard, or before most people on the block have them. These are the trendies, who help decide the fate of dualing formats like BetaMax and VHS, HD DVD or BluRay, or iPhone or Android, and set the tone for consumer attitudes, closely monitored by the system.
For something ominous and apocalyptic like the RFID chip – and the soon-to-be dominate consumer field of smart tech and wearables – it is important for the system to gauge what the public will accept, and just how many care about the implications for privacy, etc. compared with all those willing to embrace the conveniences at any social cost.
Will you stand for it?
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