Some initial thoughts on Worldcoin… 
✅The idea of onboarding billions while preventing sybil via biometrics is powerful.
🚩If profitable enough retinal scans could probably be spoofed and operators have no incentives to stop fraud as they earn commission (ht @richardchen39). Wells Fargo anyone?
🚩If profitable enough retinal scans could probably be spoofed and operators have no incentives to stop fraud as they earn commission (ht @richardchen39). Wells Fargo anyone?
✅Using ZKP to preserve biometrics <> address privacy is reassuring.
🚩If biometrics data is stored in a central repository could be a massive honeypot?
🚩If biometrics data is stored in a central repository could be a massive honeypot?
✅ Targeting emerging markets and not just existing crypto bros
🚩Not sure how diverse the team is, but could see this devolving into colonial paternalism with operators forcing a “better” solution down users’ throats. Like missionaries in emerging markets…
🚩Not sure how diverse the team is, but could see this devolving into colonial paternalism with operators forcing a “better” solution down users’ throats. Like missionaries in emerging markets…
All in all, for this to be amazing and not a dystopian disaster, development needs to happen under extreme public scrutiny.
If it aspires to be a global currency for all people it needs to be held to a much higher standard than your typical shitcoin fork
If it aspires to be a global currency for all people it needs to be held to a much higher standard than your typical shitcoin fork
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