This looks like it produces a global (hash) database of people's iris scans (for "fairness"), and waves away the implications by saying "we deleted the scans!"
Yeah, but you save the *hashes* produced by the scans. Hashes that match *future* scans.
Don't catalogue eyeballs.
I think Worldcoin is more privacy-preserving than centralized services we use today. All Worldcoin, or anyone, could ever tell is if someone has already signed up for the service.
The hash is cryptographically decoupled from the wallet and all future transactions.
All that said, I definitely underestimated the visceral reaction to using biometrics for identity verification (e.g., I love FaceID and I was surprised to hear from people who don't) and it didn't come through in Worldcoin's field tests. Interesting update for me.
Less people will have to work in the traditional sense and people will be less willing to do jobs they don't like.
People won’t have to work to survive, and we will have to pay more for less desirable jobs, or automate them, which seems great all around.
Seems like there are two bad options: either the fed raises interest rates enough to slow inflation, and debt service consumes a huge amount of national budget, or inflation really runs.
It doesn't seem right that current inflation is very transitory.
But I don't think the status quo can go on too much longer, and we have simultaneously forgotten what it's like to not have this much liquidity injected all the time and haven't yet come to grips with the size of the US debt.
I felt confident we'd get real change–competent planning for future pandemics, severe regulations on gain of function research, FDA reform, rapid-response vaccines for new viruses.
We are struggling to commit even a few tens of billions.
What's gone wrong?
1/ Today, I am excited to reveal Worldcoin, a new, global digital currency that will be distributed fairly to as many people as possible. We will launch by giving a free share of Worldcoin to everyone on Earth. Read more: worldcoin.org