A new World Economic Forum report has acknowledged the risks associated with implementation of digital IDs combined with Central Bank Digital Currencies.

The World Economic Forum (WEF) has admitted in a new report that digital IDs are exclusionary by nature and can facilitate “the identification, surveillance and persecution of individuals or groups.” 

In its June 2023 Insight Report titled “Reimagining Digital ID,” the WEF described the potential risks of the widespread implementation of a digital ID. 

“Perhaps the greatest risks arising from digital ID are exclusion, marginalization and oppression,” the report warns.

“As an ID system expands, the consequences of not participating in it can become so severe as to make registration effectively unavoidable,” the report states. “When access to a good or service is conditioned upon the possession of a form of ID, and that ID is widespread, individuals may be effectively coerced into obtaining that form of identification, even if there is no legal basis for requiring it.” 

The WEF Insight Report also admits that “in some cases, digital ID may weaken democracy and civil society.”

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WEF IS BRAGGING ABOUT WHAT THEY ARE TRYING TO ACHIEVE