In a groundbreaking move, AI entrepreneur Sam Altman has launched a new cryptocurrency project called Worldcoin, which has been described as “dystopian.” The unique feature of this project is that it offers digital coins in exchange for a scan of the user’s eyeballs.
Worldcoin Successful Rollout and Global Popularity
Worldcoin’s full launch saw people from various locations queuing at scanning sites to participate in this novel initiative. With over two million people already added to the crypto database in 33 different countries, the project is rapidly gaining popularity, particularly in Europe, India, and southern Africa.
Worldcoin Advancing the Concept of Universal Basic Income
Apart from its controversial scanning process, Worldcoin also claims that its system has the potential to pave the way for an “AI-funded” universal basic income. However, it remains unclear how we will implement this concept.
Privacy and Regulatory Concerns
Despite its appeal, Worldcoin faces concerns over privacy and regulatory issues. The use of specialized orbs for scanning has raised privacy concerns, and the project is not available to US citizens due to regulatory uncertainties.
Embracing Criticism and Pursuing Progress
Despite the criticism and skepticism surrounding the project, Sam Altman welcomes feedback and sees it as an opportunity for progress. He acknowledges the ambitious nature of the initiative and believes that trying out innovative concepts like Worldcoin is a step toward pushing boundaries and advancing the cryptocurrency landscape.
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