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protocolture a day ago

>World Economic Forum founder Klaus Schwab was effectively forced out of his own globalist

God I hate the word globalist

>The WEF, as we know, is the controversial group that tells us that we, among many other controversial things, will “own nothing and be happy” by 2030.

The WEF hosts many viewpoints and doesnt have any real power, obsessing over them is usually the province of the same people who obsess over black rock which is where I am betting this is going.

>BlackRock has massive amounts of control and leverage over thousands of companies across all sectors valued at $4.35 Trillion.

And there it is. BlackRock usually takes a very safe stake, 1-10% in a lot of companies. Their influence is usually incredibly overstated, usually by youtube grifters.

>Trump has had a good relationship with BlackRock CEO Larry Fink.

Trump likes rich people, news at 11.

>tokenization is the new monetary financial system quietly transforming the world

Holy hell. Most tokenisation projects take something thats already roughly abstracted as a token, like shares, or home ownership, and shifts it to the blockchain. "OMG MY SHARES ARE BEING TRACKED IN A LEDGER" yeah always were.

>“It will be on one general ledger. Every investor, you and I, will have our own number, our own identification."

Every polity that I can think of already has investor tracking. ASX has CHESS. Trading and reputation systems are weak to sybil.

https://en.wikipedia.org/wiki/Sybil_attack

>Clearly, tokenization and digital ID are inseparable

Trading and Identification are inseparable. Digital trading and Digital ID are obviously the same.

>Digital ID is not just an app on a smartphone; that is the bait & switch. Digital ID is really about your personal credentials (KYC - Know Your Customer) tied to your internet and financial transactions.

Theres no bait and switch this has always been the case, and the app having KYC details is so extremely obvious that this article trying to twist it into extreme language is crazy. This is really "The elites want you to think the sky is blue" sort of shit.

>In effect, digital footprints are the new credit scores.

Credit agencies have wanted this data for a very long time. There might be abuses. Those can be resolved legislatively.

>Indeed, it is an unholy alliance: President Donald Trump yoking up with big-data harvesters such as Palantir, Oracle, and other big-tech companies to steal our private data and transactions, merged together with the likes of BlackRock, globalist institutions such as the UN, IMF, WEF, and the Federal Reserve and the BIS - Trump and Fink are working in lockstep together to build a digital prison state and a tokenized panopticon to usher in their “golden age,”

Read: Hi this is my first day on planet earth. Lots of these scary names are discussing things that frighten me, because I have never read a book or purchased shares in my life. Please hug me. Its impossible to steelman this raw fearmongering.

Of course, no scary article is complete without a bible quote

>Revelation 13:16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: [17] And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. [18] Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

Sorry but first up, the people who lap this shit up are largely idiots. I blame the US education system. If you have a problem with Credit scores, go do something about it politically. If you cease being american that will probably solve 99% of this.

phendrenad2 a day ago | parent | next [-]

The institutional investors operate in lock-step, so multiply the Blackrock stake by, at minimum, 3. Then take into account the massive reputational downsides to having institutional investors "pull out" of your company. I think that would make you untouchable to most of Wall Street. Just my opinion. The potential power here is enormous. Is it being abused? That's harder to prove. But when Larry says things like "you have to force behaviors" he really makes it hard to play devil's advocate.

protocolture 12 hours ago | parent [-]

>Then take into account the massive reputational downsides to having institutional investors "pull out" of your company.

I have seen black rock and others moderate their stake up and down in companies without it being even remotely newsworthy.

"BlackRock reduces stake in Sylvania Platinum to below 3%"

OMG Sylvania must be resisting the EVIL BIDEN DEI INITIATIVES!

>The institutional investors operate in lock-step

If the goal is making lots of money, probably they would have reasonably similar goals. But thats not what BlackRock gets accused of most commonly.

>you have to force behaviors

You mean this quote?

“Behaviors are going to have to change. This is one thing we’re asking companies. You have to force behaviors. At BlackRock we are forcing behaviors.”

I cant believe so many panties are knotted over a throwaway pick me inclusion quote.

Which Behaviors? Which Companies? Define Force?

Surely you cant suggest that this random linkedin article that dripped out of this idiots mouth is even remotely evidence?

>devil's advocate.

Its not really faustian advocacy to fail to understand the huge deal being made of largely nothing. I get that conservatives, especially american conservatives, are incredibly stupid and will bite down on the oldest, flimsiest whiff of bait. But to try and pretend theres anything to it at all is pure insanity.

phendrenad2 8 hours ago | parent [-]

> this idiots mouth is even remotely evidence

I'm confused, what linkedin post? You mean something the CEO said in an off-the-cuff interview is equivalent to a random linkedin post?

zigzagger11 a day ago | parent | prev [-]

^^^^