Oddbean new post about | logout
 fwiw Sweden has had digital ID for 20 years.

https://en.wikipedia.org/wiki/BankID

Much depends on how it's implemented. For example, private alternatives are allowed/accepted and banks must allow anyone to open account. 
 Sounds like its ok in Sweden for now. But all it takes is one country to overstep the mark and use it as a way to suppress, take away basic rights  then suddenly every other country follows, even Sweden will join the trend. 
Did you know that because Italy locked down in 2020, suddenly it gave permission for all other countries to do the same. (You can't include China, because China perceived as against human rights, extreme suppression etc.) Italy was the first country in west to open the idea that lead to the world getting locked down. Same will apply to digital id. It will just take one respectable western country and every other country will race to join.
I'm really suspicious of the powers digit id gives government. 
If bitcoin could surpass gold Market cap quick, then I think we should have a chance 🤞