Post
Topic
Board Altcoin Discussion
Re: Your thoughts on World Coin (WLD)?
by
Abiky
on 13/06/2025, 00:28:54 UTC
I was just researching this project, I found this is not new (of course I heard about it here) and in first glance, it seemed like some dystopian concept straight from an episode of black mirror, and in depth it seems like a cool concept of world citizenship.

However, I couldn't understand the project completely. There are weird devices which are scanning people's eyes to get a map of Iris (since it is also like the fingerprint and unique to people) and the scanner is being rewarded? So what will happen to the scanned person? Won't they be rewarded? It may seem hard to handle but there might be a solution to that.

Also there are publicly available Iris datasets (from medical centers or government offices which used Iris scan as a form of biometric authentication) and what happens if World Coin, specially being backed by Sam Altman (who has a history of using copyrighted material for OpenAI's model training) uses those and those people don't benefit from that?

These are my thoughts or questions. I am really curious to here about your thoughts on this.

Getting rewarded for providing your biometric data? Count me out. That's a blatant violation of an individual's privacy rights. Totally not worth it, imo. Sam Altman's "Worldcoin" project will fail if governments do not approve of its data collection techniques. Already, some countries have "banned" WLD from mainstream use. Others will follow if Worldcoin doesn't satisfy the regulators.

If by any chance WLD becomes a success, it might become the "One World Currency" many were talking about. A great way to enable a "New World Order" at lightning-fast speed. I can't imagine Worldcoin getting hacked someday. The attacker would gain our utmost sensitive personal info. It would be a huge disaster! With how centralized WLD is, anything's possible. Cheesy