What India Just Did Will GUARANTEE A Global Cashless Society!
[youtube=https://www.youtube.com/watch?v=GTtHBrMqSGk]
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Published on Jul 7, 2017
Josh Sigurdson sits down with author and economic analyst John Sneisen to talk about the ramped up efforts by India towards a centrally planned cashless system following their past moves towards eliminating 86% of cash and coin in circulation.
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India has already desecrated (free) black markets, shoved countless individuals into poverty and have forced hundreds of millions of Indians into the banking system.
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As Business Insider reports,
“Before 2009, half of all Indians didn’t have any form of identification, not even a birth certificate… Then In 2009, India launched Aadhaar. Aadhaar is a biometric database based on a 12-digit digital identity, authenticated by finger prints and retina scans. As of 2016, 1.1 billion people (95% of the population) had a digital proof of identity. In 2016, India added another component to its digitized system called India Stack. India Stack allows citizens to open a bank account or brokerage account, buy a mutual fund, or share medical records anywhere in India with just a fingerprint or retinal scan from Aadhaar. Put simply, India Stack could be the framework for a new digital society.” So this is the technocratic age we’ve been warning about!
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