Worldcoin: Good Faith Global UBI Effort or Dystopian Dumpster Fire?
The Breakdown
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World Coin Token Distribution
The crypto community is far more slanted to one side than the other on this. So let's explore the layers of critique. You can organize them into a few different categories. One is bad tokenomics including venture capital incentives. Two is the issues around privacy and the exploitability of data. Three is the exploitation of vulnerable populations. Four is problems we're already seeing in practice and five is the source, the people who are behind this.
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Transcript
