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Worldcoin Banned in Kenya

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1–10 of 17 posts

Re: Worldcoin Banned in Kenya

#4

What is the alleged harm here? The article seems vague "exploitation", but the actual exchange seems clear - sell a (hash of) your retina scan for cryptocurrency.

says it right there: > gray market that surrounds cryptocurrency, especially in emerging economies, and sits far outside the authority of regulators, tax collectors and other government bodies

why does their government need a parallel, competing financial system that it doesn't control? by now even the US has banned most crypto exchanges.

Re: Worldcoin Banned in Kenya

#5

What is the alleged harm here? The article seems vague "exploitation", but the actual exchange seems clear - sell a (hash of) your retina scan for cryptocurrency.

It's exploitative because they're deliberately targeting disadvantaged people who have a high enough need for cash that they're more willing to sell sensitive biometric data without questioning things more deeply.

It's a pretty slimy move, at the very least.

Re: Worldcoin Banned in Kenya

#6
post #5

What is the alleged harm here? The article seems vague "exploitation", but the actual exchange seems clear - sell a (hash of) your retina scan for cryptocurrency.

It's exploitative because they're deliberately targeting disadvantaged people who have a high enough need for cash that they're more willing to sell sensitive biometric data without questioning things more deeply. It's a pretty slimy move, at the very least.

I sell my time for need of cash.

I'm not saying that worldcoin isn't bad, but my time is literally my life. If I could make as much money selling my biometric data as I do working, I'd rather do that instead.

So it seems to me that the crux isn't that people sell biometric data, but that they don't make enough off it.

Re: Worldcoin Banned in Kenya

#7
post #5

What is the alleged harm here? The article seems vague "exploitation", but the actual exchange seems clear - sell a (hash of) your retina scan for cryptocurrency.

It's exploitative because they're deliberately targeting disadvantaged people who have a high enough need for cash that they're more willing to sell sensitive biometric data without questioning things more deeply. It's a pretty slimy move, at the very least.

That's absurd - you can't buy and sell from people who are too poor?

"Sorry Kenyan, I know you'd like to make 50 dollars (or whatever it is) by selling your biometric data, but JohnFen/Kenya government/Western Media thinks you're too poor to get any money for voluntary transactions."

Re: Worldcoin Banned in Kenya

#8
post #5

Earlier quoted context omitted.

It's exploitative because they're deliberately targeting disadvantaged people who have a high enough need for cash that they're more willing to sell sensitive biometric data without questioning things more deeply. It's a pretty slimy move, at the very least.

That's absurd - you can't buy and sell from people who are too poor? "Sorry Kenyan, I know you'd like to make 50 dollars (or whatever it is) by selling your biometric data, but JohnFen/Kenya government/Western Media thinks you're too poor to get any money for voluntary transactions."

African countries should consider any attempt to tag their citizens an attack. The countries that will end up with this data are historically among the most racist on the planet and will find a harmful use for it, if they havent already.

IMO Sam Altman and Worldcoin should be banned from the African continent.

Re: Worldcoin Banned in Kenya

#9

What is the alleged harm here? The article seems vague "exploitation", but the actual exchange seems clear - sell a (hash of) your retina scan for cryptocurrency.

Maybe ID exploitation, like selling Kenyans ID after scanning, which is a legitimate concern.

Re: Worldcoin Banned in Kenya

#10
post #5

Earlier quoted context omitted.

It's exploitative because they're deliberately targeting disadvantaged people who have a high enough need for cash that they're more willing to sell sensitive biometric data without questioning things more deeply. It's a pretty slimy move, at the very least.

That's absurd - you can't buy and sell from people who are too poor? "Sorry Kenyan, I know you'd like to make 50 dollars (or whatever it is) by selling your biometric data, but JohnFen/Kenya government/Western Media thinks you're too poor to get any money for voluntary transactions."

[dead]
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