Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: cosmicforce who wrote (480042)	9/24/2021 5:18:19 PM
From: neolib	Respond to of 541180

Oh I agree you can do some skimming. I said it can't replace the Country's fiat currency. China can only check that which comes in and out of China. If one is careful - that all looks a-okay. I was pointing out that China can do a lot more checking of what stays fully internal, not what goes in and out. But even in your example, China can collect data on what Canada typically pays for diapers, and see if your reported invoices are close or too far off. Like I say, make examples of those you catch, and the appeal heads south in a hurry.... The era of Big Data is indeed upon us.