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Police raid Worldcoin warehouse in Nairobi

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Re: Police raid Worldcoin warehouse in Nairobi

#51

"Worldcoin, founded by US tech entrepreneur Sam Altman, offers free crypto tokens to people who agree to have their eyeballs scanned." Can anyone say how much each of those crypto tokens are worth in $USD?

> Can anyone say how much each of those crypto tokens are worth in $USD?

https://coinmill.com/WDC_calculator.html

Re: Police raid Worldcoin warehouse in Nairobi

#52

Earlier quoted context omitted.

It means too many people were queueing to have their biometrics taken.

More likely to get the $50 for doing so, then never use it

Maybe, but you shouldn't underestimate the popularity of mobile banking/money transfer apps in East Africa.

If it's easier and more secure (against literal telecom hacks, we don't need to get into crypto debates) than the alternative it very plausibly can get users.

Re: Police raid Worldcoin warehouse in Nairobi

#53

"Worldcoin, founded by US tech entrepreneur Sam Altman, offers free crypto tokens to people who agree to have their eyeballs scanned." Can anyone say how much each of those crypto tokens are worth in $USD?

IIRC from reading a few days ago it was worth ~$60 USD.

Re: Police raid Worldcoin warehouse in Nairobi

#55

I really don't want to have anything to do with crypto, and the fact that Sam Altman is pushing it in 2023 makes both him and OpenAI look sketchy. Especially crypto with a weird biometric eye scanner.

Sadly, I liked the original idea behind this, and thought it was one of the few actually-interesting applications of crypto currency. If you can (somehow) solve the unique identity problem, you can design a Universal Basic Income using a crypto-currency as backing. The Unique ID problem isn't solved by the blockchain, though, so it ends up being a total mess.

Re: Police raid Worldcoin warehouse in Nairobi

#56

> It has also launched in various countries including Indonesia, France Japan, Germany, Spain and the UK. Data watchdogs in some countries have already said they are examining Worldcoin. I don't know about Indonesia but that's not going to fly in the other countries of this list either. Especially not in very privacy-oriented EU members.

There are huge queues at their two UK scanners (both in London).

Re: Police raid Worldcoin warehouse in Nairobi

#57
I know a lot of people will use this to say that blockchain bad, and that is up to you. But really biometrics collection has little to do with blockchain. Worldcoin is firstly a company that collects biometrics and secondly they decided to use an immutable ledger to record the data (although they claim that it is only hashes).

That aside if I wanted to record a bunch of hashes for perpetuity blockchain would actually be the right technology - does not go out of business and take down the servers with it.

The article makes me laugh and sad at the same time though. This Altman guy...

Re: Police raid Worldcoin warehouse in Nairobi

#58

"Worldcoin, founded by US tech entrepreneur Sam Altman, offers free crypto tokens to people who agree to have their eyeballs scanned." Can anyone say how much each of those crypto tokens are worth in $USD?

$2.04 per token at the moment: https://www.coingecko.com/en/coins/worldcoin/usd

You get 25 WLD for getting scanned, hence the huge queue in a developing country.

Re: Police raid Worldcoin warehouse in Nairobi

#59

> It has also launched in various countries including Indonesia, France Japan, Germany, Spain and the UK. Data watchdogs in some countries have already said they are examining Worldcoin. I don't know about Indonesia but that's not going to fly in the other countries of this list either. Especially not in very privacy-oriented EU members.

I wouldn't put too much faith in them. The cookie law is a joke and the UK government is trying to get access to everyone's encrypted messages.

Re: Police raid Worldcoin warehouse in Nairobi

#60

I really don't want to have anything to do with crypto, and the fact that Sam Altman is pushing it in 2023 makes both him and OpenAI look sketchy. Especially crypto with a weird biometric eye scanner.

I'm actually significantly more skeptical of OpenAI after discovering that one of their founders is behind this.

The tag line of universal basic income is so absurd for an iris scanner built on the blockchain.

Are we still in the world of 0% interest rates???

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