Putting microchips in humans is a controversial topic that has several dimensions. In the last decade, the capabilities of microchips have advanced considerably. A tiny chip can hold a massive amount of data. In a recent Banyan Hill article, Paul Mampilly explained why he is a proponent of microchips for people within and outside of the workforce.
Paul Mampilly Shows How Microchips Can Benefit Humans
In the article, Paul Mampilly explained that he was at the airport and preparing to check in for a flight. When he was prompted to enter his passport number into the airline app, he realized that his passport was at home. In a panic, he had to rush home to get it and return to the airport. Fortunately, he lived nearby and was able to board his plane on time despite the setback. A few weeks before this incident, Paul had already talked about how he would be willing to receive a microchip. Nearly missing his plane at the airport only strengthened his stance on being willing to get a microchip.
Paul Mampilly said that he would be thrilled to have less stress and more time, and he believes that a microchip would yield both benefits. He explained that microchips are capable of storing large amounts of data, which means that a chip could include a person’s financial data. Scanning the chip could make purchases simpler. People would not have to worry about losing their credit cards or having thieves misuse them. Also, he noted that citizenship information and driver’s license details could be programmed in the chip. A police officer could scan a person’s chip during a routine traffic stop. Paul pointed out that if he would have had a microchip when he forgot his passport at the airport, he would not have had a reason to panic.
Addressing The Skeptics
A small amount of people do not trust microchips because of religious beliefs. Most skeptics think that a microchip would hold too much information about them. However, Paul pointed out that credit card companies, banks and even social media platforms collect much more information about people than assumed. Also, he brought up the point that RFID chips are already in toll pass devices. Microchips would not result in many personal privacy changes.
Paul also explained that information collectors such as Facebook, Google and Apple already have the right to collect massive amounts of personal data. Although most people and even lawyers do not read the 100-page privacy agreements of these companies when setting up accounts with them, people give away a great deal of privacy by simply clicking a confirmation button. Paul said that people would be more conscientious about sharing information if they had a microchip. They would be aware of the chip, how it works and how information is generated. He said that it may lead people to do more research about what information is collected and take steps to stop mass data collection practices that already exist.
Some people also have unrealistic fears based on misinformation. Horror movies and fiction books make microchips sound like they can be hijacked easily or that they can be used to reprogram how people think. The chips that would work for storing vital information would not be capable of controlling a person’s mind. Paul pointed out that all of the most useful innovations were once met with skepticism. For example, trains, automobiles, computers and cellphones were once treated with suspicion and fear. However, people cannot imagine their lives without these things today.
Microchips have already been implanted in a few willing people. A Wisconsin company that manufactures self-service kiosks put microchips in several employees. The participants were excited about not having to use credit cards or passwords. Their microchips were implanted in the skin between their forefingers and thumbs. Banyan Hill published an article about the microchips of the Wisconsin employees. Although the employees said that they were excited to be part of a cool innovation, some readers were concerned about privacy issues. One reader said that a loss of privacy would lead to a loss of freedom.
Another reader mentioned that credit cards with chips in them can be read by a person passing by with a special device. This brought up the concern of microchips being hacked. However, some readers were intrigued by the idea. Paul is hopeful about microchips becoming more popular because of how much time and money they could save, and he is certainly an authority figure when it comes to financial intelligence.
About Paul Mampilly
When he was young, Paul Mampilly moved with his family to the United States from India. Paul spent over 20 years working with Wall Street investors and is considered a financial expert among them. In 1991, Paul Mampilly started working at Deutsche Bank. His responsibilities grew as he stayed with the financial institution, and he was in charge of managing accounts that were worth millions of dollars. Prior to working for the Kinetics International Fund, Paul spent time working with the Royal Bank of Scotland. As the 2000s arrived, Paul focused on investments of his own. He repeatedly made smart investments, and his success made him a respected expert in his field.
Paul Mampilly’s investments were so successful that he retired at the young age of 42. However, he wanted to help others reach financial comfort. While he may not spend as much time traveling and working now, Paul Mampilly continues his passion by writing his Profits Unlimited newsletters. He also runs a site that is affiliated with the newsletters. Profits Unlimited offers sound investment advice to average Americans. People value Paul’s advice because of his proven success and his notoriety. Paul Mampilly earned an award after winning the Templeton Foundation competition in 2009. To win the award, Paul turned an investment of $50 million into more than $88 million. Today, Paul Mampilly is featured in magazine articles and news broadcasts. He has social media accounts and welcomes followers to connect with him. Also, he encourages Americans who are serious about smart investing to sign up for his newsletter.