China’s Cashless Society – 中国无现金社会 – 字幕来了 – China vlog

China’s Cashless Society – 中国无现金社会 – 字幕来了 – China vlog

[Music] even with debit cards i personally had a hard time with cashless um because when you’re not like handling money it’s easy to just spend it like it’s water like it’s nothing like i’d definitely benefit from counting the bills and handing them over to like make that connection that this is my money and now it’s their money um so the way i handle that with our wechat wallet is i only put a limited number of monies i put a certain amount of money in at a time and then like that generally lasts me two weeks and i’m a grown-up now so we have a budget um and that seems to work and it i mean so many people have said this but like you forget what it’s like to use cash until like last week i forgot to re-up the wechat wallet and so i had to pay for some stuff in cash while we’re shopping [Music] people still take cash despite all all the fervor you’ve heard over cash flow society um money’s still money which is good i like having options i subscribe to wired as a teenager because i’m a big computer fan without being i’m like a passable programmer uh who’s not very good at it but i really love i like technology i think it’s very interesting and as a teen one subscribing to wired was very exciting because they i think they used the word in an article and i was like this is like for grown-ups and then i remember like when people were putting rfid chips in there they’re getting them implanted and then like using that to unlock stuff i was like i want that um but as i get older maybe i’m a tech trend hound is that a thing a trend hound um because now i’m all about like privacy and like tech companies are overreaching which is trendy and true and trendy um to be on that bandwagon i guess the thing with rfid was that’s yours you haven’t updated your data to any cloud and no company owns the access to your rfid chip and when you don’t want to use it anymore you’d get it taken out so we should have stayed with that technology because the thing about cash list is it’s so convenient and wechat knows everything about our spending hats our spinning hats we don’t buy a lot of hats but we chad knows and ali alipay knows what we buy on taobao every month um and what they’re doing with that information i don’t know but it’s probably not beneficial to me it benefits them because they’re companies and the same it’s not chinese companies american companies are also as invasive with the data they collect about you and sale so that means i rant about it a lot but i act i don’t stop using it it’s one of emily’s conundrums we have wechat also because we does everything wechat tells you if you have coronavirus we chat spend your money we chat schedules your yoga classes and it’s great it’s so convenient and they installed a kiosk at the front door of our apartment complex that you can unlock the front door with a scan of your face which upholding my tech paranoia i always turn my face away from that camera um you have to sign up for it to actually work but it will still like register our faces there and just say like this face is unknown and it’s not like there aren’t images of my face all over all over the internet of course but there’s cameras all over our city and with the facial id recognition as it is here um i’m sure my face is in a database with its recognizable features but i don’t want to willingly give that away so that i hide my face when i come to the kiosk at our front door which i don’t know if that’s like i don’t know if it means anything it’s probably a futile gesture but it feels it feels like something which is maybe why we have so many problems in this modern world and so many of our actions feel like something while all these companies and governments just amass more and more power but cashless cashless is convenient the thing the thing about this though so since societies have been using money in exchange for goods and services the initial problem was how to verify that this money is accurate this money is not counterfeit because it’s made up everything’s made up um i think that might be the root of my my personal philosophy it’s all made up but money money is made up we made it up but once we made it up we had to verify that it was then real but the onus was on the objects themselves the coins and the dollar bills to prove that they are not counterfeit they are actual legal tender that could be exchanged for goods and services and then turning to digital currency the onus has shifted onto using your identity markers to prove that the money belongs to you which i feel like we should have thought about more before we did that because then there is like these companies feel like they have a right to your data so that you can use their products but then you can’t opt out because then like you’ll get left behind i feel like i’m making a lot of black mirror episodes but it is like we should think more about the things that we the choices that we make i still subscribe to wired magazine just digitally now and they had a recent piece opinion piece about i can’t think it was a progressive politician in the vein of elizabeth warren calling for a simplification of these processes these tech processes these tech company overreaches of data and risk because that’s also the thing is the risk is always on you it’s not on the company if something goes wrong and he i think it was a he was arguing you don’t have to sign a waiver saying that you understand the aeronautical engineering to get in a plane and waive your right to be angry if it crashes but tech companies want you to take all the risk so that they can sell all your data and like what are you doing with my data you’re selling more things to me i guess and abusing it with law enforcement neither of which are things i want i’m not gonna go back to cash it’s dirty i won’t buy me concert tickets anymore i have to do that via a nap i guess i’ll be the singularity one day
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China\'s Cashless Society - 中国无现金社会 - 字幕来了 - China vlog

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