Worldcoin Banned in Kenya

[gmerc]

About time someone spat into the Use APAC to juice user numbers and extract data then use that to push into US markets game.

[ALittleLight]

What is the alleged harm here? The article seems vague "exploitation", but the actual exchange seems clear - sell a (hash of) your retina scan for cryptocurrency.

[JohnFen]

It's exploitative because they're deliberately targeting disadvantaged people who have a high enough need for cash that they're more willing to sell sensitive biometric data without questioning things more deeply.

It's a pretty slimy move, at the very least.

[twelve40]

says it right there: > gray market that surrounds cryptocurrency, especially in emerging economies, and sits far outside the authority of regulators, tax collectors and other government bodies

why does their government need a parallel, competing financial system that it doesn't control? by now even the US has banned most crypto exchanges.

[tamimio]

Maybe ID exploitation, like selling Kenyans ID after scanning, which is a legitimate concern.