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Worldcoin isn’t as bad as it sounds: It’s worse

blockworks.co

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Re: Worldcoin isn’t as bad as it sounds: It’s worse

#171

Post by 93po »

wahnfrieden wrote: post #127
theboywho wrote: post #123

I don't get all the comments, from the worldcoin website: > Your biometric data is first processed locally on the Orb and then permanently deleted. The only data that remains is your IrisCode. This IrisCode is a set of numbers generated by the Orb and is not linked to your wallet or any of your personal information. As a result, it really tells us — and everyone else — nothing about you. All it does is stop you from…

is there evidence this is accurate? it's marketing copy there's tremendous leeway in "eventual deletion" and it looks like the full device won't be open

They are making the orb hardware and software open source last I heard.

Re: Worldcoin isn’t as bad as it sounds: It’s worse

#172

Post by curiousllama »

unboxingelf wrote: post #22

Worldcoin is simply another pre-mined, VC backed shitcoin - albeit worst because they’re building a biometrics database. - VCs dump money in (SBF, a16z, etc) - 25% of the coins are kept for the founders + investors How many times do people have to get burned on these scams? Obviously Sam has some street cred with the govt else they would have pulled him infront of congress like when zuck tried to launch Libre.

> Obviously Sam has some street cred with the govt else they would have pulled him infront of congress like when zuck tried to launch Libre.

Quite the opposite. Congress usually doesn’t give a shit until something is actually relevant to politics. They don’t care about weird VC grifts

Re: Worldcoin isn’t as bad as it sounds: It’s worse

#173

Post by 93po »

brucethemoose2 wrote: post #165
wmf wrote: post #66

Earlier quoted context omitted.

It's worse than that: Sam Altman is selling a solution to a problem he created.

He didn't really create the problem, and Worldcoin is not a solution.

OpenAI is moving the problem much closer to today and Worldcoin absolutely helps solve problems of inauthentic online behavior

Re: Worldcoin isn’t as bad as it sounds: It’s worse

#174

Post by HWR_14 »

PurpleRamen wrote: post #31
arcticbull wrote: post #5

Like any other non-coin crypto tech, Worldcoin doesn't do what it set out to do because it doesn't solve the oracle problem. If you trust their orb, it generates a wallet for you - but anyone, human or otherwise - can use that wallet. There's a black market in China for these identities already [1] and of course the response from Worldcoin was there's nothing they can do - because there's nothing they can do. So this…

Wait, the biometric information are only used for the creation of the wallet, not the later usage? Then isn't this scam? What is the actual value of using biometric for this?

I assume, since Peter Thiel is involved, it somehow gets the biometrics to Planitir.

Re: Worldcoin isn’t as bad as it sounds: It’s worse

#175

Post by 93po »

yreg wrote: post #15

I don't think Worldcoin is the solution, but I'm interested in hearing what the rest of you think the solution to the bots-indistiguishable-to-humans problem could look like? Or should we just accept that the times of interacting over internet with strangers you can believe to be humans is over? The only idea I see is for some certificates handed out by government to citizens and I absolutely hate it even in a democr…

A certificate from the government that gets revoked when you commit a crime. Or are accused of a crime. That can track every single thing you so online. All of your speech online, which is most of everyone’s speech, is permanently stored and analyzed.

Re: Worldcoin isn’t as bad as it sounds: It’s worse

#176

Post by brian_cloutier »

drngdds wrote: post #145
brian_cloutier wrote: post #131

Earlier quoted context omitted.

What is the thing they are claiming which is different from the actual results and which they know is different from the actual results?

That it actually freakin' works at doing the thing it's trying to do (providing a currency with a guarantee that each account is controlled by one person)

I don't believe they have ever promised that. One person = one account is not at all how the system is designed. It is definitely never mentioned or promised here: https://whitepaper.worldcoin.org/ and it is contrary to the system outlined in that document.

Re: Worldcoin isn’t as bad as it sounds: It’s worse

#178

Post by mint2 »

raffraffraff wrote: post #101

I don't know what this is and I'm not even going to read the take-down article. If you slap "coin" onto the name of anything , I'll run a mile from it. I just dropped in to say that. bb.

“Worldcoin” sounds ridiculously cringy and pompous like it came from an 80s young adult novel for boys.

It’s kind like how the terrible grammar/spelling in email scams has the side effect of pre-selecting desperate or out of it enough people that ignore red flags.

Re: Worldcoin isn’t as bad as it sounds: It’s worse

#179

Post by [deleted] »

HWR_14 wrote: post #174
PurpleRamen wrote: post #31

Earlier quoted context omitted.

Wait, the biometric information are only used for the creation of the wallet, not the later usage? Then isn't this scam? What is the actual value of using biometric for this?

I assume, since Peter Thiel is involved, it somehow gets the biometrics to Planitir.

[deleted]

Re: Worldcoin isn’t as bad as it sounds: It’s worse

#180

Post by tamimio »

theboywho wrote: post #123

I don't get all the comments, from the worldcoin website: > Your biometric data is first processed locally on the Orb and then permanently deleted. The only data that remains is your IrisCode. This IrisCode is a set of numbers generated by the Orb and is not linked to your wallet or any of your personal information. As a result, it really tells us — and everyone else — nothing about you. All it does is stop you from…

>dude, trust us!!

Yeah, no.

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