What is the most effective way to implement a full-blown social credit system?
Get rid of cash and make all currency digital (and programmable). This method easily trumps the effectiveness of any other, which requires a lot more management.
A digital currency allows the government to have you by the financial throat. Unless you decide to live like the Unabomber–or perhaps even less tied to society–your ability to live is completely under the control of the government. Where you go, what you purchase, who you associate with–everything–is subject to government approval. If the people in charge of your money decide they don’t like something, they can simply cut off your funds, or limit what you can purchase.
We have been given a lot of hints that this is coming, and now the European Central Bank is starting to advertise that it is almost here.
Here we go…ECB trying to sell us…
