No, they will require/are requiring that these things be submitted digitally via their apps. It's the foundation rollout of a digital control system and it's a staged rollout.

My businesses have been registered with IDs, passports, I've been in person in the banks and done the same. There is no reason to submit this information again, at least no reason other than making it all digital, and telling businesses they can't trade until it is done.

It sounds arbitrary, but it's what this will enable with full control system similar to what we see in china. On the business side, there is no alternative means available, and I suspect the same will be true once this creeps into people's personal lives.

The only things safe right now are my personal finances that aren't in any institutions.

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But China is winning?

😂

We should be modelling after China, not avoiding it. 80s was abject poverty to today being a country with insane growth and prosperity.

Nothing you will be able to do anyways, if they don't register you, you won't be in the registrar and customers won't trust you etc.

Catch 22

Chinas success isn't based on the digital prison they built for citizens. It's their model for cheap labour and vertically integrated infrastructure that most of the world can't compete with, but instead relies on.

Capitalism thrives on cheap labour.

But yeah digital I'd and social scores and all that crap has transformed it's or at least helped it leapfrog substantially.

We could be a trust system that can rival that of a state and keep the control in the hands of people. Just like what was done with the money.

Yeah no people are too dumb to do that. Unless you're in some monoculture society, it's almost impossible to get trust consensus.

For example people like to see accreditation or regulation or certified organic or whatever and they also 'trust' the 'institutions' and choose products that have these certifications.

For example, people won't download apps that's not from the Google Play store. If you just host the APK. People don't trust like that..