World Coin- Would you do it?

  • Leader
    July 30, 2023 6:54 AM PDT
    World Coin is now ready to scan your eyeballs with their Orb. Would you do it to get free crypto coin and join in the "world-wide" experiment to provide a universal basic income for eight billion people on earth? This was created by Alex Blania with OpenAI'ls Sam Altamn (ChapGBT).

    https://www.forbes.com/advisor/investing/cryptocurrency/what-is-worldcoin/ />

    According to Worldcoin, advances in artificial intelligence have made it increasingly difficult to tell whether online activity, written text, digital artwork or really anything that exists on the internet came from real humans or AI. The company proposes to help resolve this confusion by deploying a sort of digital passport, based on what it calls “proof of personhood.”


    https://discernreport.com/in-case-you-missed-it-worldcoin-is-here/ />

    Have you had your eyes scanned by “The Orb” yet? All it takes is just one trip, and once your biometric data is in the database you will receive some free money and a new “digital identity” that you will be able to use all over the Internet. Doesn’t that sound grand? As you will see below, hundreds of thousands of people in Europe have already signed up.


    https://worldcoin.org/ />

    You can now download World App, the first protocol-compatible wallet, and reserve your share. After visiting an Orb, a biometric verification device, you will receive a World ID. This lets you prove you are a real and unique person online while remaining completely private. As the global distribution of Orbs is ramping up, you can find the closest one and book time to be verified with World App and at worldcoin.org.

  • August 1, 2023 4:13 PM PDT
    Interesting reading those articles. Could this be the start of "Big Brother" being able to track everyone, or the start of some dystopian superpower? Me? Well my eyes are strictly reserved for the woman I love, not that I have one at the moment, but I do live in hope!
  • Leader
    August 2, 2023 7:38 AM PDT
    Totally!! Another attempt to persuade the masses to give up their biometric data just as you do to register at Tiktok. I'm sure blessed with support by the WEF et al. Kenya is the first country to say "no" and has suspended World Coin. https://www.msn.com/en-us/news/other/kenya-suspends-local-activities-of-crypto-project-worldcoin/ar-AA1eFGVr NAIROBI (Reuters) -Kenya's interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin until relevant public agencies had certified the absence of risks to Kenyans. The UK is investigating World Coin: https://techcrunch.com/2023/08/02/kenya-suspends-worldcoin-scans-over-security-privacy-and-financial-concerns/ In the UK, one of the other countries where regulators are looking into Worldcoin’s privacy and security, three venues were listed in London last week at launch, including one, curiously, in a coffee hut in Kensington Gardens adjacent to Hyde Park. That disappeared after the first day and eventually one of the other locations did, too. Now there is only one in operation.) Germany and France are also investigating World Coin, but will they allow it in the end? https://futurism.com/the-byte/european-investigations-altman-worldcoin-orb As [i]Reuters[/i] reports, the president of the Bavarian State Office for Data Protection Supervision, Germany's data watchdog, confirmed that it had been investigating Worldcoin since November 2022 over concerns that the venture would be accessing "sensitive data at a very large scale." I'm kind of like in the world of ...there's already too much data out there on people for hackers to feast on and use at their will. Everything is hackable and so is this biometric data that is being procured in a cloak of deceit.
  • Leader
    August 2, 2023 7:43 AM PDT
    ......and to add @Mark Ransome , I hope that you find your soul mate and that you can live in a future full of bliss and that our world is not dystopian like the book and movie 1984.
  • August 3, 2023 4:15 AM PDT
    Ok, first of all I don't fully understand how cryptocurrency works. A while back I looked at investing a small amount of money in Bitcoin, but as I followed it that seems to have gone a bit stagnant, plus a friend of mine did invest in Bitcoin and they are currently down. What also put me off was the collapse of FTX and BlockFi. I don't understand how you can just make a currency online seemingly out of nothing? If it were that easy, why doesn't every nation create their own such as UKcoin, UScoin, Gambiacoin, Somalicoin and so on? Couldn't that end the world's poverty? Also where WorldCoin comes in, after reading what they are all about, they say the main reason is to help distinguish between AI and User generated content online, why do they have to (well to me anyway!) seemingly bribe people with the promise of free Cryptocurrency?
  • Leader
    August 3, 2023 9:17 PM PDT
    That's the way I feel about cryptocurrency too. I don't really trust crypto at all. There's a lot of people that do. Our realtor does crypto and I can recall at closing on a house, she was trying to convince us to get bitcoin. Nah, don't think so. There are 200+ cryptocurrencies. https://coinmarketcap.com/all/views/all/ Looked up how crypto currencies value is determined: https://www.investopedia.com/ask/answers/100314/why-do-bitcoins-have-value.asp One can argue that Bitcoin's value is similar to that of precious metals.Both are limited in quantity and have select use cases. Precious metals like gold are used in industrial applications, while Bitcoin's underlying technology, the blockchain, has some applications across the financial services industries. Bitcoin's digital provenance means that it might even serve as a medium for retail transactions one day. Oh, and while we are asking why...for the record, I'm still trying to understand this block chain thing. Glad you did a lot of research. Most people just sign up and forget the consequences of loosing real money when the crypto currency goes down. You have to play it out like the stock market. You really can't take your eyes off it and follow it too everyday, like you would commodities. I call bs too on World Coin's premise for roping people in for free coin. Get your free crpto, but lose your biometric data forever...to where? Where does your data go, who protects it from hackers? How secure is your website anyway? Ending poverty by creating fiat money would be an answer to everyone, I get your point on that, why don't they? I think the issue goes deep when it comes to the World and Central banks, who has the ultimate power. The dollar has been the standard and has also been the petro dollar which has allowed the US to carry heavy debt, however, with the new changes in countries coming together to be able to trade and avoid sanctions, BRICS is getting stronger and they are backing their future fiat by gold. The US left the gold standard in the 1970's and I've always thought that was a mistake. Now you have a lot of banking systems, central banks etc. buying heavily into gold and silver. Why? Digital dollar or digital currency is on it's way too.
  • August 5, 2023 4:14 AM PDT
    No I don't understand the Blockchain thing either however I did find this on the same website as your link above: https://www.investopedia.com/terms/b/blockchain.asp I'm still not much wiser on it apart from it's some sort of shared database which does worry me! Fiat money, I read the article above but it still doesn't explain where it actually comes from apart from a Government, again is it out of thin air, I just don't get it!
  • Leader
    August 5, 2023 8:08 AM PDT
    Mark Ransome said: No I don't understand the Blockchain thing either however I did find this on the same website as your link above: https://www.investopedia.com/terms/b/blockchain.asp I'm still not much wiser on it apart from it's some sort of shared database which does worry me! Fiat money, I read the article above but it still doesn't explain where it actually comes from apart from a Government, again is it out of thin air, I just don't get it! Oh wow!! Excellent link on blockchains and how they work. THANK you! I think that's the first time I got some kind of grasp of blockchains. I think I'll have to read the article a few times though to really get it...lol! I'm with you on the shared database. The term "decentralized" bothers me a bit too! A blockchain is a distributed database or ledger shared among a computer network's nodes. They are best known for their crucial role in cryptocurrency systems for maintaining a secure and decentralized record of transactions, but they are not limited to cryptocurrency uses. Blockchains can be used to make data in any industry immutable—the term used to describe the inability to be altered. Additionally ~ A blockchain consists of programs called scripts that conduct the tasks you usually would in a database: Entering and accessing information and saving and storing it somewhere. A blockchain is distributed, which means multiple copies are saved on many machines, and they must all match for it to be valid. So a blockchain is a script with a uniquely created database to keep user data within a "block" which maybe is really a space on a database and developers had to create another term to make this type of platform sound futuristic? I don't know, still reading, like you, still confused, but a very helpful article that breaks it down so maybe I'll get it. On crypto, I think it's a bartering value created for the "coin", so it works more for...."I'll trade you my red balloon for 5 cryptocoins for your peach basket for 3 cryptocoins? Maybe? Maybe crypto works because it's not attached to any one monetary system and was created for people to buy, sell or trade outside of any countries currency? Though, crypto has become such an alternate way to buy, sell or trade for people, that I can see a day coming very soon that crypto will be heavily regulated or banned.
  • August 9, 2023 12:09 PM PDT
    It seems some countries are very suspicious about World Coin with Kenya being the first country to ban it, some others are investigating into it:

    https://theconversation.com/worldcoin-is-scanning-eyeballs-to-build-a-global-id-and-finance-system-governments-are-not-impressed-210980
  • Leader
    August 10, 2023 4:40 PM PDT
    Mark Ransome said: It seems some countries are very suspicious about World Coin with Kenya being the first country to ban it, some others are investigating into it: https://theconversation.com/worldcoin-is-scanning-eyeballs-to-build-a-global-id-and-finance-system-governments-are-not-impressed-210980
    Great Article! This is what jumped out to me:


    Worldcoin claims the iris scans are deleted after being converted into a unique iris code, which becomes the user’s World ID. The World IDis then stored on a decentralised blockchain, with the aim of preventing fakes or duplicates.





    However, the iris scan is only deleted if the user opts for the “Without Data Storage” option (which may mean they need to return toan Orb to re-verify in the future). If the user selects the “With Data Storage”option, Worldcoin states the iris scan is sent via encrypted communication channels to its distributed data stores where it is encrypted at rest.




    I'm glad more countries are getting suspicious and it will be interesting to see what countries will ban it. I'm going to guess more of the non-European countries will ban it. Then I wonder about those people that willingly give up their biometric data, do they really understand what they just did? Did they read the Terms of Service entirely? I can see very grave crimes from hacking in to get peoples biometric data. Blockchain or not, everything is hackable.