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Yeah, the article and this whole comments thread is very intellectually dishonest. Disclosure: I’m like, 70% optimistic about the project. I don’t believe that the team are lying. Anyway, as with many things, time will tell. I wouldn’t get worked up over it. If it fails it’s pretty inconsequential.
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Yeah, the article and this whole comments thread is very intellectually dishonest. Disclosure: I’m like, 70% optimistic about the project. I don’t believe that the team are lying. Anyway, as with many things, time will tell. I wouldn’t get worked up over it. If it fails it’s pretty inconsequential.
Earlier quoted context omitted.
The thing is though, each such “mark of the beast”, gets incrementally closer to what the evangelicals warn about.
Except eternal damnation, allegiance with a supernatural being, lakes of fire, etc.
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…
What’s the “Oracle Problem”? Google gives me conflicting results
When you want to interface with the real world, say trigger a smart contract on a stock price move - who do you trust to get that data? You’ve reintroduced a trusted authority.
This is the oracle problem. Now, if like me you don’t give a crap and are happy to trust middlemen in your day to day life because I trust banks over random merchants a million times… big whoop. But if you’re a cryptocurrency fetishist it becomes a big deal.
Earlier quoted context omitted.
People still don't understand the 'this is not a pipe' painting...
I never realized that painting was at the LA county museum of art until I was standing face to face with it. It felt ironic to have one level of meta removed. I was thinking "this is "this is not a pipe""
https://www.npr.org/sections/ed/2016/08/05/488669276/remembe...
I strongly second latexr's recommendation of Scott McCloud's "Understanding Comics", and the spread he linked to above. Scott McCloud is the Marshall Mcluhan of Comic Art.
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…
> it doesn't solve the oracle problem That was never the goal. > There's a black market in China for these identities already It is built such that eventually, Worldcoin identities can be trivially reclaimed by the iris owner, so the market for these identities will drop to zero once people realize they can just sell their same Worldcoin cred over and over again and some sucker is going to buy it. Their only goal her…
You are uploading your iris scan into a black box, how can that be considered anonymous?
Earlier quoted context omitted.
What do you mean when you say scam? Are you claiming this is fraudulent in some way?
I mean the root comment pretty much already explained it. It is literally impossible for Worldcoin to actually perform its stated purpose, therefore it's a scam.
Separately, I strongly suspect that your idea of worldcoin's "stated purpose" is not something they have ever stated.
This is the Eye of Sauron. I'm very much into the crypto world and I'm so tired of all of these dumb scams. Even worse that it is backed by yet another scammer named 'Sam'. I really wish we could focus on things that actually provided value to people. What a waste of time/money/effort. I hope this one dies a quick death. So far, it looks like it will, which is great.
Honest question, is there any cryptocurrency that provides actual value to people? The blockchain can be trivially deanonymized from my understanding. It's difficult to get coins without at any point revealing your identity. So, if you're not in a circle of people who will physically trade coin for cash (or vis-versa) there seems to be no privacy argument. I just fail to see crypto as anything but a scam - period. It…
It allows people to bypass laws and regulations around currency exchange. This can be a good thing -- bypassing repressive regimes, making it easier to send funds over national borders, etc. It can also be a bad thing -- evading consumer protections, reducing the ability of nations to manage their economies, etc.