Big Tech's Push for Token Economies Raises Privacy and Freedom Concerns
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Worldcoin is collecting biometric data from people in developing countries in exchange for crypto tokens, raising privacy concerns.
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Digital platforms like Amazon and Facebook are pushing token-based economies that restrict user choice and freedom.
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Unlike cash, digital tokens encode terms, conditions, and other data into transactions.
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China's super-apps like WeChat Pay already link digital payments to social credit scoring.
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Governments worry about Big Tech dominating token economies, so are pushing state-controlled digital currencies.