Is "walking around with a Swiss bank account in their pocket" a good thing or bad thing?
“If technologically it is possible to make an impenetrable device or system…what mechanisms do we have available that even do simple things like tax enforcement? Because if in fact you can’t crack that at all, and government can’t get in, then everybody’s walking around with a Swiss bank account in their pocket.” -- POTUS Barrack Obama at SXSW 2016, Austin TX
President Obama sits down with Evan Smith, CEO / Editor in Chief of The Texas Tribune at SXSW 2016, for a conversation about civic engagement in the 21st Century before an audience of creators, early adopters and entrepreneurs who are defining the future of our connected lives (March 11, 2016).
Start around 43 minutes...
“If technologically it is possible to make an impenetrable device or system…what mechanisms do we have available that even do simple things like tax enforcement? Because if in fact you can’t crack that at all, and government can’t get in, then everybody’s walking around with a Swiss bank account in their pocket.” -- POTUS Barrack Obama at SXSW 2016, Austin TX
President Obama sits down with Evan Smith, CEO / Editor in Chief of The Texas Tribune at SXSW 2016, for a conversation about civic engagement in the 21st Century before an audience of creators, early adopters and entrepreneurs who are defining the future of our connected lives (March 11, 2016).
Start around 43 minutes...
