RE:As few threadbare concerns...1) possibly but no one in a non Asian market would use it. Also while the tech of course has value it's the first mover advantage, 3rd party validation, data and partnerships that build the moat around them long term. 2) There is no world where the entire retail, entertainment and so on universe goes entirely online. 3) Governments open themselves up to a sh*tstorm of scrutiny they wouldn't want if they did this. They also already work with Palantir. I see governments as more friend than foe particularly in the development of a universal health passport for travel and so on. Privacy scrutiny would come from consumers, not government or companies, if at all. Net, I don't see any material issue with any of the above concerns but good to think about possible negatives to stress test it.