by Multiset on 7/24/23, 3:10 PM with 79 comments
by eli on 7/24/23, 3:44 PM
by eis on 7/24/23, 4:27 PM
It doesn't matter if the source code and hardware plans of the Orbs are made public if we can't inspect a given Orb. Who's to say if that Orb doesn't generate 10% more IDs for someone than real ones.
You think those concerns are theoretical? Well there has been already abuse before the project officially was launched: https://www.technologyreview.com/2022/04/06/1048981/worldcoi...
And then there is the inflationary nature of the coin itself due to the weekly issueance of coins for each user. This gives an incentive for the people behind the project like Sam Altman and Andressen Horowitz to cash out their part. They allocated 20% of the whole supply to themselves. A quarter billion dollars was put into the project and you can bet they'll want a good return on it while trying to portrait it as something like a charitable project.
I remain very sceptical.
by kstrauser on 7/24/23, 3:57 PM
Also, why do we suddenly need to prove who’s an actual human? Is that going to change how I talk to chatbots on company websites? Is there the laughable notion that this won’t be immediately subverted by social media bot accounts so they can prove that they’re real people? What exact problem does this solve?
Also also, sucks if you’re blind, I guess. Now having eyes is new our fundamental definition of being a human. I’ll snag a few of these for my pets, who’ll be happy to know they can be official people on the Internet.
by monero-xmr on 7/24/23, 3:47 PM
No idea if world coin is a workable solution, but I would like to be able to conduct KYC a single time and then selectively reveal my information to necessary parties, ideally only as a confirmation rather than data transfer. Why I have to constantly scan my ID for various vendors is absurd.
by buildbuildbuild on 7/24/23, 3:58 PM
Let’s reduce an oppressor’s canvas of options rather than extend it further into our bodies.
by elif on 7/24/23, 3:50 PM
maybe it should be a nose orb
by Analemma_ on 7/24/23, 5:51 PM
by rqtwteye on 7/24/23, 3:49 PM
by simbolit on 7/24/23, 3:46 PM
Why and how is Worldcoin able to prove 'personhood'? Just spend five second thinking about if that is really what this is about. Why this phrasing?
by freitzkriesler2 on 7/24/23, 4:10 PM
by pstorm on 7/24/23, 4:02 PM
by JW_00000 on 7/24/23, 3:44 PM
by worksonmine on 7/24/23, 4:42 PM
A rough and very simplified version of the way I see it working is:
- When someone is born a private-key is created just like an SSN today and a fixed amount of coins are created on that "wallet"
- The amount would be based on the actual resources of the planet that are reasonable to spend during a life (inspired by Jacque Fresco and his Venus Project)
- The protocol would have a negative income tax set at a threshold where basic needs are met, so the broke would get UBI, the rich pay taxes
- Progressive tax to prevent ridiculous hoarding where the top 0.1% own almost everything (hoarding finite resources is a work around still to be solved)
- When someone dies that money could still be inherited, or when no next of kin and no will exists distributed to the poor as UBI
- Exploiting global resources would and should be costly
- There could still be corporations but they wouldn't create new coins
I see this solving a lot of problems:
- No more printing money to solve short term problems
- Everyone starts their adult life with some coin that could go towards education, drivers license etc
- No more tax havens since taxation is built into the protocol
- No more need for many of the government agencies we have today, reducing need for taxes
- Encourages a more circular economy with less waste
It's not perfect but I think it would be a nice compromise between the endless discussions of socialism vs capitalism.
by evbogue on 7/24/23, 4:09 PM
I don't think the Internet filling up with AI spam is scary enough, we need to dream bigger on this one.
Whatever the plot is, I think people should remain indoors while it's going on and watch their televisions or iPhones.
Next, we could make people scan their eyeballs before they eat at restaurants, go to the gym, or perhaps even visit the mall or ride the subway. We could have a greeter at every door who points the orb at you before you go in. This will create jobs, and also drive up the price of stanchions and someone can at least profit from that.
Finally in a few years we could relax the restrictions because the human population will be accustomed to KYC before every transaction.
by rglover on 7/24/23, 3:47 PM