Live data from Hacker News

Police raid Worldcoin warehouse in Nairobi

capitalfm.co.ke

151–160 of 379 posts

Re: Police raid Worldcoin warehouse in Nairobi

#152
post #121

Earlier quoted context omitted.

distributed public key, and a private-signed hash of the dataset.

How do you know that the dataset is the most up to date version? Maybe some sort of globally distributed time-stamping mechanism? Oh hey look, it's a blockchain.

Or... the source of record can publish an xml file or something when there's updates to the signed diff... rss. No slow consensus model needed.

If you aren't in an adversarial context with multiple publishers, you don't need blockchain.

Re: Police raid Worldcoin warehouse in Nairobi

#153
post #132

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?

Because they're not as bad as crypto.

You can find all three of those in much worse forms embedded within crypto.

There's this recurring refrain that the US is threatened by losing its reserve currency powers to bitcoin, Bitcoin can't be a reserve currency. The great depression was caused by double digit deflation, Bitcoin experiences double digit deflation and inflation every few months.

Re: Police raid Worldcoin warehouse in Nairobi

#154

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.

Considering I've had a lot of laser treatments (micro-veins) and am getting eye (retina) surgery before long, it makes me wonder how reliable such a system is, and how well it will tollerate change/variance of one's eye-prints. I mean, theoretically, if you lose your eye in an accident, does that mean you lose your life savings in such a scheme? It really has me concerned. As fallible as people and banking are alread…

iirc you go to a place that can verify your identity through other means, and they'll update your iris scan or give you a yubikey you can use instead or something.

Re: Police raid Worldcoin warehouse in Nairobi

#155
post #45

Earlier quoted context omitted.

Yeah, if I talk to a 'normie' and explain that chatGPT and OpenAI are nefariously plotting regulatory capture most will roll their eyes at me. If I say "The founder of OpenAI is scanning people's eyeballs to build a database" that sets off real alarm bells.

you forgot the part about the shiny metal orb. it really changes the flavor of it from cambridge analytica to dr evil.

I'm starting to think Bond villains need to have a "satire" disclaimer to pre-empt future Stanford kids from thinking it's something to aspire to.

Re: Police raid Worldcoin warehouse in Nairobi

#156

Earlier quoted context omitted.

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.

To the best of my knowledge, the IRS has never scanned my eyeball, and yet I'm still able to send and receive money with them. I'm not getting the UBI angle at all. What part of UBI requires new technology?

You realize that the IRS deals with rampant fraud right? And with emerging technology, the capabilities of criminals to steal identities is only increasing. People file taxes for dead people or people whose identities have been stolen all the time. Recently, to deal with this, the IRS has outsourced their identity verification to a third party company, id.me, who gathers way WAY more information than Worldcoin does, and it's barely making a dent in the fraud.

It's very obvious that the vast majority of people hating on Worldcoin have never taken a moment to consider the actual problems being solved here, and especially the critical importance of solving them now.

Re: Police raid Worldcoin warehouse in Nairobi

#157
post #146

Earlier quoted context omitted.

To the best of my knowledge, the IRS has never scanned my eyeball, and yet I'm still able to send and receive money with them. I'm not getting the UBI angle at all. What part of UBI requires new technology?

I’m guessing it’s a way to reduce fraud attack surface without relying on something easily lost, like a portable private key?

Or an EBT card?

Re: Police raid Worldcoin warehouse in Nairobi

#158

Earlier quoted context omitted.

To the best of my knowledge, the IRS has never scanned my eyeball, and yet I'm still able to send and receive money with them. I'm not getting the UBI angle at all. What part of UBI requires new technology?

> What part of UBI requires new technology? None of it, of course. The things that makes implementing UBI difficult to implement are socioeconomic, not technological, in nature. But I think WorldCoin is cynically hoping that invoking "UBI" will trick people into thinking that WC's efforts will be of benefit to everyone.

Nailed it.

Re: Police raid Worldcoin warehouse in Nairobi

#159

Why does this have to be a crypto currency? My ssn is not a currency and it is used for id. Why can't it be like that, a database of id's? Should we make our drivers licenses or passports into crypto currencies? What is the advantage?

It’s literally a solution in search of a problem. They’d say it proves you’re an actual human and not a fake profile, but there are existing solutions to that, and it doesn’t solve identity theft at all.

The "existing solutions" all rely on tying every single thing you do to every single other thing you do, which is a very nasty constraint.

Re: Police raid Worldcoin warehouse in Nairobi

#160
A lot of shops have popped up recently in the city purporting to sell high-res prints of your iris. I thought it was pretty weird, in the same level as mattress stores suddenly appearing everywhere. Now I wonder if there isn't some iris-scanning crypto scam underneath.
Post reply on HN