WHAT IS YOUR TAKE ON WORLDCOIN?

[Pinkjet]

I came across a youtube vidoe explaining a cryptocurrency called Worldcoin that is supposedly coming to address Universal Basic Income. The proposition of the creators of this coin is to reward humanity with cryptocurrency in  exchange for scanning their eyes in a device they are building alongside the crypto, as a form of digital ID.  

As interesting as this idea may sound, a lot of things are still not clear and hence leaving many skepticism. Some of the grey areas are:

1. Is this just a cryptocurrency or there is more to it?
2. What will the founders use such data that is projected to capture the entire human population for?
3. Most of the people being used to test this project are children who might not even know what they are doing, what does this show?
4. Is the money given in the for the worldcoin crypto worth the data they are taking?


Here is the source of a review of the worldcoin: https://youtu.be/Ynmz6Voy378

Kindly watch the video and give your opinion.

[Anonylz]

1. Is this just a cryptocurrency or there is no more to it?
2. What will the founders use such data that is projected to capture the entire human population for?
3. Most of the people being used to test this project are children who might not even know what they are doing, what does this show?
4. Is the money given in the for of worldcoin crypto worth the data they are taking?


Here is the source of a review of the worldcoin: https://youtu.be/Ynmz6Voy378

Kindly watch the video and give your opinion.

1. There is a possibility they are not letting people on everything about the project.

2. Another probability,  or perhaps they are using the data to carry out a test on biometric.

3. Taking advantage of their ignorance, perhaps they feel it is easier to deal with less knowledge than those who already have full knowledge and can question their actions.

4. Who knows, I guess time will tell if the money is worth the trouble, the coin has no value yet, however, no amount of money is suppose to worth giving out personal data, except you choose to.

[vv181]

3. Most of the people being used to test this project are children who might not even know what they are doing, what does this show?

In contrast, in Indonesia, whereas the best performer of Orb operators is here, the published picture shows old people are queuing to be scanned. I don't know the exact demographic who has already been participated in it. But I'm pretty sure, some of them is lacking basic digital literacy. Let alone privacy, I'm sure either the operator or the participants are only in for the financial motives. Thus, I sense they are targeting them only to harvest the data--the image of face, irises, body, etc as they have stated on the field testing privacy.