Price of eyes on the black market skyrockets, coroners and morticians start driving around in lambos.
"If only you could see what I have seen with your eyes"
Worldcoin
51–60 of 111 posts
Re: Worldcoin
#52I also had a similar coin/currency idea to share with every human equally, but could not come with a good plan to distribute it, besides after carefully thinking this would not be truly necessary, because if people are free, productive ones will quickly make money, even if they start with zero. A bigger problem might be land and other world resources that are not currently being equally distributed.
Just let people mint it from thin air but make sure all minting is traceable on the block chain.
This will obviously create immense inflation, but since everyone is capable of just inflating their own holdings to match it's perfectly fair and the relative value of individual holdings should stay fairly constant.
How you actually price goods using this currency is left as an exercise for the reader.
Re: Worldcoin
#53I think the overarching idea here makes sense, but the devil is in the details.
1) It's going to be difficult to ensure that the 'Orb' device can't be hacked and allow bad actors to send a bunch of random codes to signup for a Worldcoin.
2) If there are bogus signups how do you deal with reconciliation when there are ID collisions?
3) It's going to take many years for this to get a critical traction and to deploy coins to individuals.
4) The value of this coin will be extremely small when it's divided amongst the world's population. Assuming it's spent shortly after it is received, this money will just flow back to the owner's of capital anyways.
Re: Worldcoin
#54What stops an Orb Operator from just opening up the Orb and publishing random hashes? Assuming that "privacy is preserved" and the hash can't be turned back into an iris, there should be no way to tell.
Sounds like it would be very profitable to be an Orb operator and have basic reverse engineering skills.
Re: Worldcoin
#55This home page have a score of 29 bullshit[0], nice one!
[0]: Bullshit.js − https://mourner.github.io/bullshit.js/
Re: Worldcoin
#56Earlier quoted context omitted.
As-if you can ever actually hash a biometric and expect it to match in the future. The whole idea of a hash is that a tiny perturbation makes the output completely different. It almost by definition cannot work for biometrics.
https://support.apple.com/en-us/HT204587 > Touch ID doesn't store any images of your fingerprint, and instead relies only on a mathematical representation. It isn't possible for someone to reverse engineer your actual fingerprint image from this stored data.
Remember when Apple claimed similar about their CSAM photo-scanning but then it turned out it was pretty easy to generate a hash collision?
AFAIK Apple has not opened their TouchID hash scheme so you must take them at their word that it cannot be reverse engineered.
Re: Worldcoin
#57So, my understanding of the current play in this space is as follows: - Create a large number of worthless cryptographic tokens. - Distribute around half of them as "freebies". - Keep the other half to yourself / distribute them among your investors. - Start a hype by injecting your investors money into your currency. - Hope that people will start to trade/speculate with your currency, buying it for real monies. - As…
Governments ultimately execute the wishes and wants of citizens at large, and voters have collectively given a resounding yea to get-rich-fast crypto lotteries.
Have they? What is the percentage of people who own any sort of cryptocurrency?
Re: Worldcoin
#58"Nothing like this has ever been done before" See bitcoin
Re: Worldcoin
#59Earlier quoted context omitted.
Governments ultimately execute the wishes and wants of citizens at large, and voters have collectively given a resounding yea to get-rich-fast crypto lotteries.
Voters also like safety and not losing their entire net worth because they published a private key or got scammed.
Where? In some parts of the world, ahem, it sounds like that would infringe on our "freedoms".
Re: Worldcoin
#60> Help us give Worldcoin to over a billion people. Get rewarded for every user you sign up.
Come on guys.