They are paying 'one worldcoin' (I've read sold about $50) to places that give zero value to their privacy (too difficult to care for privacy when starving to death and the monthly salary is $10). They are targeting poor countries (South America, Africa).
Once they have collected 'enough' faces to use on their AI, they could possibly pull the plug or keep it as a social experiment.
I was thinking, there is no way Russia or China will allow them to operate in their countries, and (combined) they got 1.5bn people.
I can also see them trying that to Pakistan, Afghanistan, and other autocratic ..stan places, where the local dictator would only allow this if they got to use the data for their own nefarious purposes.
It’s not a scam because it’s a cryptocurrency, it’s a scam because it works like one. This has been covered at length by multiple investigative journalists.
HenryBemis|9 months ago
Once they have collected 'enough' faces to use on their AI, they could possibly pull the plug or keep it as a social experiment.
I was thinking, there is no way Russia or China will allow them to operate in their countries, and (combined) they got 1.5bn people.
I can also see them trying that to Pakistan, Afghanistan, and other autocratic ..stan places, where the local dictator would only allow this if they got to use the data for their own nefarious purposes.
tim333|9 months ago
Most people calling it a scam don't know much about it.
s_ting765|9 months ago
FeepingCreature|9 months ago
latexr|9 months ago
https://www.buzzfeednews.com/article/richardnieva/worldcoin-...
https://www.technologyreview.com/2022/04/06/1048981/worldcoi...
bigyabai|9 months ago