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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

#241

Post by tamimio »

93po wrote: post #161
mrguyorama wrote: post #126

Earlier quoted context omitted.

>I don’t believe that the team are lying Why not? >If it fails it’s pretty inconsequential. Definitely, it only collected the biometrics of thousands of desperate people into the hands of private people who work with law enforcement agencies everywhere to provide surveillance as a service.

You’re misrepresenting what it’s collecting and you’re part of the problem in this discussion. Worldcoin isn’t storing anything that could be used by any other entity. It doesn’t store biometrics and there isn’t a way to use the store information to know what the iris looked like that generated it.

>It doesn’t store biometrics and there isn’t a way to use the store information to know what the iris looked like that generated it

You don’t know this for a fact, is it an audited open source project and the security/privacy vouched by some known people in the field? No. It’s just marketing crap

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

#242

Post by tourmalinetaco »

93po wrote: post #187
rideontime wrote: post #163

Earlier quoted context omitted.

Not giving money away, giving "worldcoin" away, whatever the hell that is.

This doesn’t seem like a good faith argument

And you seem rather biased to the opposite, so it all evens out.

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

#243

Post by moefh »

brian_cloutier wrote: post #176
drngdds wrote: post #145

Earlier quoted context omitted.

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.

That whitepaper doesn't explicitly say "one person = one account", but it seems to be a really basic feature of the system:

- They clearly don't want accounts that don't belong to a person ("Keep the Bots Out" is an explicit goal).

- They also don't want one person with more than one account (World ID is intended to solve the problem of governance by ensuring that each person gets only one vote).

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

#244

Post by [deleted] »

jcpham2 wrote: post #39
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.

This comment is accurate and should be at the top

[deleted]

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

#245

Post by tamimio »

93po wrote: post #173
brucethemoose2 wrote: post #165

Earlier quoted context omitted.

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

[flagged]

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

#246

Post by ineptech »

brian_cloutier wrote: post #197
ineptech wrote: post #130

Earlier quoted context omitted.

> When Congress certifies the election they do not publish that certification onto any blockchain. Maybe some day they will. The Oracle problem isn't the fact that this doesn't happen today, it's that it can never happen in a way that is trustable. When Congress (or anyone else) does decide to publish the election results to a blockchain, every dollar bet on the outcome will be a prize to be won by anyone who can sub…

That doesn't sound right. Nobody talks about the oracle problem in the context of market makers connecting to nasdaq. You're _never_ sure that your counter-party to some communication is who you think they are. The definition of the oracle problem you propose applies to almost the entirety of the modern world and would come up in conversation all the time. TLS and other measures make me _very_ sure google.com is reso…

> That doesn't sound right. Nobody talks about the oracle problem in the context of market makers connecting to nasdaq.

I don't follow, one of us is confused about what the other is saying and I'm not sure who. If the Oracle problem were solved tomorrow, one of the first things that would happen is publishing stock prices to ledgers so that derivatives could be implemented in smart contracts, yes?

Anyway, what I'm saying is, whatever real world data you'd like to have on a blockchain ledger, election results or stock prices or sports scores or whatever, the Oracle problem is specifically the fact that you wouldn't be able to trust it if it were there, not the fact that it isn't there yet.

> A congress who wanted to do so [1] could declare that henceforth the answer on the blockchain _is_ reality

This is a workaround - if the value on the ledger is the source of truth, there is no Oracle problem.

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

#247

Post by charlie0 »

no_wizard wrote: post #71
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…

What’s the “Oracle Problem”? Google gives me conflicting results

In a nutshell, the oracle problem is, where do you get data to make automated decisions and do you trust that data.

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

#248

Post by mplewis »

93po wrote: post #187
rideontime wrote: post #163

Earlier quoted context omitted.

Not giving money away, giving "worldcoin" away, whatever the hell that is.

This doesn’t seem like a good faith argument

Why not? Worldcoin is a shitcoin until you prove it has value.

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

#249

Post by [deleted] »

93po wrote: post #183
scottmsul wrote: post #9

I'd be curious to see if someone could use generative AI to make fake irises and scam the handout mechanism

They’re actively developing to prevent this, though already it would require a compromised orb and orb operator, which would get blocked from the chain and all irises scanned since compromise removed from the chain. The bigger hurdle is the scanning of people who are dead or unconscious or animals trying to pass as human

[deleted]

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

#250

Post by Nursie »

nemo44x wrote: post #193
nkozyra wrote: post #37

Earlier quoted context omitted.

It's curious to frame this as an intentional act rather than an inevitable, natural stage of capitalism.

That's the main idea behind accelerationism from a Landian perspective. That capitalism is just getting started and that it's unstoppable and that it won't transition into socialisim like Marx predicted but rather will encompass more and more of everything and be the vehicle for the next evolution into a cybernetic species. It's the evolution of evolution and it's unstoppable. So get on with it and learn to love it.…

I mean, it’s pretty easy to imagine capitalism precipitating the end of the world …
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