Thread by @logic

Good time to read through the lies, decode and understand #AadhaarSpeak - which is creative form of lies.

1. Ownership structure same as NPCI means - no accountability to public, parliament - while projecting itself as state to businesses and deciding who gets to participate.

https://twitter.com/nikhilkumarks/status/1529355001197654017

ONDC was born out of COVID pivot to "Open Shared Mobility Foundation" - a non-profit by @NandanNilekani that focussed on urban mobility and since COVID lockdown meant mobility will reduce, they pivoted to e-commerce.

https://twitter.com/nikhilkumarks/status/1529355457646981121

It has been practice of @NandanNilekani to lobby government to get himself inserted into committee with his friendly bureaucrat & setup data monopolies. UIDAI, NPCI, GSTN, DBT - All happened through it. Nandan started getting into govt since 2002

https://twitter.com/nikhilkumarks/status/1529355871440220160

Unbundling and Re-bundling through the involvement of state - without any accountability is essentially building a autocratic structure that lets billionaires control the entire market - sans political capital in the long run

https://twitter.com/nikhilkumarks/status/1529356849040232450

What if we built a surveillance friendly data collection network around e-commerce and then lobby the govt to crush existing market and pick new winners?

https://twitter.com/nikhilkumarks/status/1529357213529407488

Just like how UPI enables building financial profile by inserting itself into retail payments, moving on to IPO, ATM withdrawals. Beckn can be thought of ..

https://twitter.com/nikhilkumarks/status/1529358062032928768

A demand surveillance layer, slowly inserting into all types of commerce. Retailers / Traders will be forced to pay for blessed entities in Koramangala - to remain in business. But hey its voluntary

https://mobile.twitter.com/nikhilkumarks/status/1529358573322797056

What is value proposition here

1. For Governments - demand surveillance, population consumption surveillance
2. For Business - A slow killer before you hand over and become employee of Big Bania Retail.

10x Commerce is when there are only few sellers

https://twitter.com/nikhilkumarks/status/1529359007567454208

If you look at the pressing issue - its the business environment. Our snake oil will help them be mesmerized into apps, battling games with tech - that keeps them occupied without time to think about profits.

https://twitter.com/nikhilkumarks/status/1529359390733520896

From a buyers perspective, its giving up more data. Imagine telling the world about sanitary napkins through 50 intermediaries and a data leak friendly environment.

But hey, there are cashbacks

https://twitter.com/nikhilkumarks/status/1529360202645897216

The power of interoperability is so much - that even if you chose to not use any of apps, we will flood and arm-twist market such that - your purchasing habbits are profiled. Just like how facebook maintained profiles of those who never registered on them

https://twitter.com/nikhilkumarks/status/1529360602442833920

Just to clarify, these are preliminary set of thoughts and there are lot more harms to individuals, businesses and state - but that is for another day.

https://twitter.com/nikhilkumarks/status/1529361073379241984

We are looking for people to invest and work with us to push and sell snake oil. Working with us can get you future benefits like lunch meetings, fundings, policy lobbying oppurtunities.

https://twitter.com/nikhilkumarks/status/1529361447142051840