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Worldcoin isn’t as bad as it sounds: It’s worse (blockworks.co)

submitted 1 year ago by [email protected] to c/[email protected]

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Worldcoin's plan to collect biometric data from poor people to bootstrap their system is unethical and raises serious privacy concerns. Their promises to protect users' data are not enough to ensure privacy and security, and linking immutable biometric traits to financial identities could enable total identity lockout with dystopian consequences. In addition, Worldcoin's token allocation favors insiders and market makers, indicating that equal distribution among all people is not a genuine goal. Overall, Worldcoin appears to be just another speculative crypto project masquerading as a radical new financial system.

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[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

I found this to be more informative: https://nitter.unixfox.eu/ercwl/status/1684939802083282944

Also check this if you want to understand the science behind zero knowledge proofs: https://yewtu.be/watch?v=fOGdb1CTu5c