If people want to give WLD a chance, it's difficult to see why you would be so hostile towards this, majeis.
Because as I've already said: That's a time-consuming process of publicly identifying yourself in a video for just .01.
My opinion is that what you're asking for is unreasonable.
+1
also remind this... to get trust line + gateway, you have to buy XRP it's mean you have to send about 200k Sat or more
You don't need to buy XRP. Coin Autonomy is giving away XRP for free.
But overall, yes you are correct, there is a hassle involved, and for many people .01 or 0.025 BTC wouldn't be worth it, but we ultimately need to attract people who believe that 10,000 WLD will become worth much, much more than this.
Here is the logic behind why we believe they will become highly valuable (from http://www.world-dollar.com/what-is-world-dollar/)
1. What is World Dollar?
World Dollar is the future of money. It is based on the idea that, since money is nothing but a social convention, the ultimate basis for money is for it to be issued to everyone, equally. We call this the Equal Opportunity Standard. In order to uniquely identify people, facial verification is used. You can claim your World dollars now.
2. How is Money a Social Convention?
Money is a social convention in the sense that it is not valuable in itself, but valuable because people agree to take it as valuable. It is a medium of exchange, a tool that allows us to trade with one another without having to resort to barter, which inefficiently depends on the double coincidence of wants.
3. Why is Equal Opportunity the ultimate basis for issuing money?
Equal opportunity when it comes to issuing money is guaranteed acceptance by virtually all of mankind.
This is because it appeals to the highest standards of morality. "We hold these truths to be self-evident, that all men are created equal".
It also appeals to the highest standards of economic reason. It rejects the idea that producers of money, i.e. producers of something that is not actually valuable in itself, should appropriate scarce resources from the other, productive members of society, i.e. producers of goods and services that are actually valuable.
Therefore, money that is issued on the basis of equal opportunity is virtually guaranteed to be taken as highly valuable.
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We also pose a significant challenge to our current debt-based monetary system, with our article for the Cobden centre: http://www.cobdencentre.org/2014/09/bank-run-incentive-central-bank-bankruptcy-and-the-fallacy-of-the-credit-theory-of-money/
hi i just want to know how could i check the actual price of world dollar? Because i tried to sell them and its worth were just .0001 per 1,000 WLD
10,000 WLD has been trading today for .01 BTC, it has been .025 BTC. Do not confuse the "worth" of WLD with any given order at any time; on the other side, there is a ridiculous order of someone trying to sell 0.0001 WLD for 10,000 BTC, and clearly this is not the true "worth" of WLD.
Ripple trade unfortunately does not display the "last price" (it does not show it for any currency pairs, e.g. XRP/ BTC) which makes things more difficult.
To be honest, any valuation of WLD at this time isn't reliable at all. If World Dollar does become a globally accepted medium of exchange, clearly .025 BTC or .01 BTC is a massive undervaluation, but on the other hand with the project at its early stages, there is a high risk it doesn't succeed. Ultimately, we do believe that the concept of giving 10,000 WLD to everyone in the world will take off, due to a carefully considered analysis of monetary economics and banking, here: http://www.world-dollar.com/what-is-world-dollar/, here: http://www.world-dollar.com/debt-based-monetary-system-debunked/, here: http://www.world-dollar.com/economic-myths-debunked/, here: http://www.cobdencentre.org/2014/09/bank-run-incentive-central-bank-bankruptcy-and-the-fallacy-of-the-credit-theory-of-money/, here: http://www.zerohedge.com/news/2014-07-26/has-fractional-reserve-banking-really-passed-market-test
But what will really make this take off is massive media coverage and viral marketing strategies. If you are familiar with what happened with the ALS Ice Bucket Challenge, you might realise what's on the verge of happening with World Dollar public videos (and, we can confirm that we have now received many claim applications with people willing for their video to go public, and these are people from all around the world, across different age groups, etc. uniting together for this upcoming new world currency).