261–270 of 379 posts
This project builds a global identity database even if the crypto part disappears. Their tokenomics are a mess and their CEO openly admitted to market manipulation recently. Good on Kenya for shutting this down, I hope many more follow.
I know a lot of people will use this to say that blockchain bad, and that is up to you. But really biometrics collection has little to do with blockchain. Worldcoin is firstly a company that collects biometrics and secondly they decided to use an immutable ledger to record the data (although they claim that it is only hashes). That aside if I wanted to record a bunch of hashes for perpetuity blockchain would actually…
you forgot the shitcoinery - there is a token, with a premine, unfairly distributed. the VCs that invested (SBF, a16z,etc) will benefit disproportionately. it’s a scam.
Related: Sam Altman saying himself that users who are concerned about privacy should not sign up: https://youtu.be/4HFyXYvMwFc?t=3186
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This comment confuses me. What exactly was the half baked effort to hypnotize the global south? Raiding Worldcoin?
Worldcoin/OpenAI I would bet sama is just an asset, and is not literally planning (or perhaps even aware of) this.
Stop bending over backwards to excuse bad behavior from bad people.
"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?
> Can anyone say how much each of those crypto tokens are worth in $USD? https://coinmill.com/WDC_calculator.html
This is a different token. And I wouldn't trust a site with such outdated rates.
I'm actually surprised how rapidly this went downhill exactly how people were warning it would.
2 weeks after launch and a government is already able to disrupt their operations? Liz Truss lasted as Prime Minister for longer than that.
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I don't know what you mean. If you're denying people access to the system based on where they happen to be, it's not universal.
> If you're denying people access to the system based on where they happen to be, it's not universal. “Universal” seems to be a later construction, it was originally “unconditional”, and in both cases the writings on it for many years under either name made it clear that the reference was principally freedom from means- and behavior-testing, contrary to status-quo welfare programs, but that it would target a populati…
Is there a book or something you'd recommend?
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?
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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…