131–140 of 379 posts
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Blockchain would not be the right tech if you don't need decentralised trust. Write once media on a server is what you want.
Are there any frameworks/platforms for this?
If you want to proof you didn't temper with the historic data, publish a daily hash in some newspapers.
Why do you think it's like that?
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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.
Governments already exist. To try and upend them by replacing their system of personhood and currency is in effect the tech-bro version of a mutiny. It may seem ridiculous but that's precisely what crypto is. An attempt to replace central banks and governments. Tech companies have grown very powerful, and they see an opportunity to create a world-wide "private government" and they're going for it. This won't be the l…
I admire the optimism (I think of myself as a pretty optimistic person too), but you've got to realize that there are reasonable people on this planet who think that waiting for governments to fix this is probably not going to turn out well. Some of those people are actually doing something about it, which is what we see here. Maybe Worldcoin works out, maybe it doesn't, but in my personal opinion, it's definitely an experiment worth running.
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What does this mean? You already have a unique identity as far as the government are concerned, and who would pay UBI if not the government.
Crypto schemes allow a lot of experimentation with the structure of money that no sane government would ever try for fear of crashing their economy in one way or another. Meanwhile, we /should/ be experimenting a lot more with the structure of economics and society, because the current super-structures have created massive concentrations of power and seemingly-insurmountable collective action problems that threaten t…
If the government wants to link a retinal scan to a SSN, that might make sense with regard to UBI, but how does it make any sense for some random blockchain? Are we expected to think that even if a government wanted to use a blockchain they would use some third party blockchain and not roll their own? I find that highly unlikely.
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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You can have UBI at a country level if you finance it with government budget (through taxes)[1], but as a for-profit enterprise, there's no that's a good idea (for it to work at all, it must have a monetization strategy, and they all look dystopian) [1] it actually exist(ed) in France (see RMI/RSA, though the different governments recently added tons of bureaucracy to it as a way to deter people from getting it, ruin…
As soon as the money becomes conditional, it's not UBI. If you have to irrevokably sign up to an organ donor list, it's not UBI. UBI is inherently redistributive. Which I happen to think is immoral.
WorldCoin is a stupid idea and the entire crypto thing is a scam but these things are not as bad as MLM, lotteries and gambling. Everytime some country tries to ban them they will come under heavy US & WTO pressure. Why do you think it's like that?
"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.