Worldcoin isn’t as bad as it sounds: It’s worse(blockworks.co)
blockworks.co
Worldcoin isn’t as bad as it sounds: It’s worse
https://blockworks.co/news/worldcoin-privacy-concerns
352 コメント
Worldcoin is simply another pre-mined, VC backed shitcoin - albeit worst because they’re building a biometrics database.
- VCs dump money in (SBF, a16z, etc)
- 25% of the coins are kept for the founders + investors
How many times do people have to get burned on these scams?
Obviously Sam has some street cred with the govt else they would have pulled him infront of congress like when zuck tried to launch Libre.
- VCs dump money in (SBF, a16z, etc)
- 25% of the coins are kept for the founders + investors
How many times do people have to get burned on these scams?
Obviously Sam has some street cred with the govt else they would have pulled him infront of congress like when zuck tried to launch Libre.
I think you should instead just read what Worldcoin wrote. It's quite short, and I think easy to consider false.
https://worldcoin.org/cofounder-letter
There are a few words about economic opportunity but little explanation, so you can discount that part. They don't seem to believe it beyond UBI distribution, which has the same problems as any distribution today[1]
Their main sell:
> scale a reliable solution for distinguishing humans from AI online while preserving privacy
> Worldcoin consists of a privacy-preserving digital identity (World ID)
> You can now download World App... After visiting an Orb ... you will receive a World ID. This lets you prove you are a real and unique person online while remaining completely private.
This seems to be the sole feature but "distinguish" and "privacy" are fundamentally at odds. Always! If you can identify a person, in any way, they are no longer private. They may be private for a little while, but as soon as User12345 is outed to be Taylor Swift, there's no going back. There's no worldcoin re-roll. Twitter accounts are more anonymous than that - at least if your anon twitter account is unveiled, you can make a new one! In that way uniqueness is anti-privacy. It has to be.
[1] For example worldcoin has a plan to confirm that people exist. It does not have a plan to confirm that people are dead. https://japantoday.com/category/crime/man-says-he-kept-paren...
https://worldcoin.org/cofounder-letter
There are a few words about economic opportunity but little explanation, so you can discount that part. They don't seem to believe it beyond UBI distribution, which has the same problems as any distribution today[1]
Their main sell:
> scale a reliable solution for distinguishing humans from AI online while preserving privacy
> Worldcoin consists of a privacy-preserving digital identity (World ID)
> You can now download World App... After visiting an Orb ... you will receive a World ID. This lets you prove you are a real and unique person online while remaining completely private.
This seems to be the sole feature but "distinguish" and "privacy" are fundamentally at odds. Always! If you can identify a person, in any way, they are no longer private. They may be private for a little while, but as soon as User12345 is outed to be Taylor Swift, there's no going back. There's no worldcoin re-roll. Twitter accounts are more anonymous than that - at least if your anon twitter account is unveiled, you can make a new one! In that way uniqueness is anti-privacy. It has to be.
[1] For example worldcoin has a plan to confirm that people exist. It does not have a plan to confirm that people are dead. https://japantoday.com/category/crime/man-says-he-kept-paren...
I am seeing a pattern here and I am starting to believe that Sam Altman is an Accelerationist:
https://en.m.wikipedia.org/wiki/Accelerationism
A lot of his actions, investments and marketing strategy seem to point in that direction.
https://en.m.wikipedia.org/wiki/Accelerationism
A lot of his actions, investments and marketing strategy seem to point in that direction.
This is the Eye of Sauron.
I'm very much into the crypto world and I'm so tired of all of these dumb scams. Even worse that it is backed by yet another scammer named 'Sam'.
I really wish we could focus on things that actually provided value to people. What a waste of time/money/effort. I hope this one dies a quick death. So far, it looks like it will, which is great.
I'm very much into the crypto world and I'm so tired of all of these dumb scams. Even worse that it is backed by yet another scammer named 'Sam'.
I really wish we could focus on things that actually provided value to people. What a waste of time/money/effort. I hope this one dies a quick death. So far, it looks like it will, which is great.
I think it's interesting to describe the process to establish your identity in the United States if you lost ALL of your identification documents (e.g. in a house fire).
It essentially boils down to:
- Get a bunch of people you know who can verify that you are indeed who you claim to be
- Have them sign legally binding documents that attest that, yes, you are you
- Start building your paper documents all over again
We never really talk about any of this given that it's pretty rare for this to happen to someone but I think it's interesting to point out that it eventually boils down to your IRL social network.
It essentially boils down to:
- Get a bunch of people you know who can verify that you are indeed who you claim to be
- Have them sign legally binding documents that attest that, yes, you are you
- Start building your paper documents all over again
We never really talk about any of this given that it's pretty rare for this to happen to someone but I think it's interesting to point out that it eventually boils down to your IRL social network.
A critical part of Worldcoin is its association with AI hype:
https://news.google.com/search?q=Worldcoin%20ai&hl=en-US&gl=...
> Investors are recognizing the opportunities presented by AI-based projects that leverage blockchain technology.
...Of course, this is total nonsense. But perception is everything for crypto IPOs.
https://news.google.com/search?q=Worldcoin%20ai&hl=en-US&gl=...
> Investors are recognizing the opportunities presented by AI-based projects that leverage blockchain technology.
...Of course, this is total nonsense. But perception is everything for crypto IPOs.
Any decentralized system that uses biometrics for authentication rather than just identification is doomed to fail spectacularly.
Biometrics are like a username NOT like a password.
When a piece of wolrdcoin is inevitably compromised, people have no means of rolling a new iris. The whole thing will come crashing down.
There are so many stupid decisions this team is making. Like, users can opt into the orbs retaining their iris scan for network quality assurance purposes. Would any sane person ever opt into an ATM storing their PIN number for quality assurance? It is an implicit bounty for hacking the orb. And the fact that they seem to need further quality assurance points to the fact that they aren't confident people will have continuous access to their accounts. Best case, I'd imagine anyone who has a catastrophic eye injury would also permanently lose access to their accounts - but I suspect the reality is much worse.
Biometrics are like a username NOT like a password.
When a piece of wolrdcoin is inevitably compromised, people have no means of rolling a new iris. The whole thing will come crashing down.
There are so many stupid decisions this team is making. Like, users can opt into the orbs retaining their iris scan for network quality assurance purposes. Would any sane person ever opt into an ATM storing their PIN number for quality assurance? It is an implicit bounty for hacking the orb. And the fact that they seem to need further quality assurance points to the fact that they aren't confident people will have continuous access to their accounts. Best case, I'd imagine anyone who has a catastrophic eye injury would also permanently lose access to their accounts - but I suspect the reality is much worse.
I don't know what this is and I'm not even going to read the take-down article. If you slap "coin" onto the name of anything, I'll run a mile from it. I just dropped in to say that. bb.
When this first launched, I thought it was some kind of performance art, or a clever attempt to establish a precedent against building such things.
Then, I realized he was serious.
Then, I realized he was serious.
OK, so I gaze into the orb, it generates me a private key, and assigns me a wallet. Now what happens when I leak that private key? Is it all over for me and my money? I obviously can't get another one – you get one World ID per human.
I don't think Worldcoin is the solution, but I'm interested in hearing what the rest of you think the solution to the bots-indistiguishable-to-humans problem could look like? Or should we just accept that the times of interacting over internet with strangers you can believe to be humans is over?
The only idea I see is for some certificates handed out by government to citizens and I absolutely hate it even in a democracy.
The only idea I see is for some certificates handed out by government to citizens and I absolutely hate it even in a democracy.
I'd be curious to see if someone could use generative AI to make fake irises and scam the handout mechanism
I don't get all the comments, from the worldcoin website:
> Your biometric data is first processed locally on the Orb and then permanently deleted. The only data that remains is your IrisCode. This IrisCode is a set of numbers generated by the Orb and is not linked to your wallet or any of your personal information. As a result, it really tells us — and everyone else — nothing about you. All it does is stop you from being able to sign up again.
> Since you are not required to provide personal information like your name, email address, physical address or phone number, this means that you can easily sign up without us ever knowing anything about you.
If Worldcoin is building a biometric database, that must be the most useless database in the world.
> Your biometric data is first processed locally on the Orb and then permanently deleted. The only data that remains is your IrisCode. This IrisCode is a set of numbers generated by the Orb and is not linked to your wallet or any of your personal information. As a result, it really tells us — and everyone else — nothing about you. All it does is stop you from being able to sign up again.
> Since you are not required to provide personal information like your name, email address, physical address or phone number, this means that you can easily sign up without us ever knowing anything about you.
If Worldcoin is building a biometric database, that must be the most useless database in the world.
So maybe I shouldn't have peeped into that "Free Porn Kinetoscope Parlor" that appeared on the street corner down town recently?
https://en.wikipedia.org/wiki/Kinetoscope#/media/File:Kineto...
https://en.wikipedia.org/wiki/Kinetoscope#/media/File:Kineto...
https://en.wikipedia.org/wiki/Kinetoscope#/media/File:Kineto...
https://en.wikipedia.org/wiki/Kinetoscope#/media/File:Kineto...
No state can manage identities without the consent of the individual because individuals have to actively protect and manage their identities and not sell them.
E.g. we protect our social security numbers against identity theft because the economic benefits of having one outweigh selling it. But when there isn't a benefit, then the identity can just be sold.
Solving the identity problem and solving the "good governance" problem are likely the same problem.
E.g. we protect our social security numbers against identity theft because the economic benefits of having one outweigh selling it. But when there isn't a benefit, then the identity can just be sold.
Solving the identity problem and solving the "good governance" problem are likely the same problem.
I'm glad that while hollywood seems to be completely out of entertaining ideas, real life is producing scenarios where millionaires are having their eyes removed by international criminal organizations to cash in on a one world centrally governed currency. Oh boy.
Author doesn't get that there is no "eyeball database", only a database of hashes.
> But when it comes to sensitive information, promises aren’t enough. And the very people who insist that you trust them are the ones who should command the most suspicion.
It's the age-old rule of thumb: never trust anyone who says "trust me".
It's the age-old rule of thumb: never trust anyone who says "trust me".
The only thing I know about worldcoin is that I've received about ten spam emails mentioning it in their subject over the past week.
That alone is enough to make me lose any interest in hearing more.
That alone is enough to make me lose any interest in hearing more.
Imagine sama had put all this energy, capital, and relationship capital into fusion power, instead of WorldCoin. Beyond Helion.
It would be easier to accept him as someone who is genuinely altruistic. Instead, he turns out to be just another self-serving 'tech' bro.
I write 'tech' because clearly this guy does not actually care about pushing technology forwards for human good -- which is the cause, in my view, of all real technologists. It's about himself, just as it is with the great Technoking.
It would be easier to accept him as someone who is genuinely altruistic. Instead, he turns out to be just another self-serving 'tech' bro.
I write 'tech' because clearly this guy does not actually care about pushing technology forwards for human good -- which is the cause, in my view, of all real technologists. It's about himself, just as it is with the great Technoking.
Pre-mines are all just neofeudalism.
Well, there is no lack of supply of idiots to fall for it.
In my opinion Vitalik's post[0] about it was much more thoughtful and interesting.
[0]: https://vitalik.eth.limo/general/2023/07/24/biometric.html
[0]: https://vitalik.eth.limo/general/2023/07/24/biometric.html
What if you don't have eyes?
I've been scrolling this thread for ten minutes and also read through the worldcoin website. Nobody seems to have asked this. If they want this to be a true proof of personhood it needs to work for every person.
I've been scrolling this thread for ten minutes and also read through the worldcoin website. Nobody seems to have asked this. If they want this to be a true proof of personhood it needs to work for every person.
We just need to ban crypto in the USA through cutting off their access to dollar transfers and pulling exchange charters. The SEC should have never made it an asset. People who have crypto can still get their money out from overseas institutions and platforms, if not simply use it for what it was originally designed to be - peer to peer; not this "code for dough" paradigm it has become. Crypto had its time and we didn't replace the banks with it, so its true potential is gone now that the financial system has control of it.
In addition, the USA needs to create a single Civilian Social Platform just like we did the highway system. We need to validate people based upon their citizenship, and label people based upon their relative status to actual stakeholders in the nation.
In addition, the USA needs to create a single Civilian Social Platform just like we did the highway system. We need to validate people based upon their citizenship, and label people based upon their relative status to actual stakeholders in the nation.
VC shitcoin. Bitcoin is the only real, legitimate cryptocurrency because it's not owned by anyone. People getting into worldcoin are just people trying to get their free $ like a free Temu counpon code.
I don't get how anyone can call something with an eternally-fixed quantity a currency. What's the plan for when it starts appreciating and people stop spending it and start hoarding it?
Everytime I hear of worldcoin I immediately think of onecoin. I wonder if onecoin wouldn't be the name of worldcoin if it weren't for the controversy. Onecoin is a good name though.
I thought keybase was really on to something. It's ashame they sold out. I'm surprised nothing has picked up where it left off in relation to identity declaration/proof.
So this is just any other coin with extra steps, and the extra layer of trusting Sam Altman with your eyeballs to generate secret keys?
[1] https://www.coindesk.com/policy/2023/05/24/black-market-for-...