This Week in Startups Sam Altman’s “Worldcoin,” Facebook hits $1T + Alchemy’s Nikil Viswanathan on “AWS for Blockchain” | E1238
Jun 29, 2021
Nikhil Viswanathan, Co-founder and CEO of Alchemy, shares insights on transforming blockchain infrastructure, comparing it to AWS. He discusses the rise of Worldcoin, its biometric identity verification, and ethical implications. The conversation dives into the scalability challenges facing blockchain systems and their competition with traditional databases. Additionally, Nikhil highlights the transformational potential of decentralized finance (DeFi) and the urgent need for regulatory clarity in the evolving crypto landscape.
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Worldcoin Launch
- Sam Altman is launching Worldcoin, a cryptocurrency giving coins to everyone on earth.
- It uses iris scans for identity verification.
Level Playing Field
- Worldcoin aims to create a level playing field in the crypto ecosystem.
- It offers an opportunity for global wealth redistribution using technology.
Bitcoin Maximalism
- Bitcoin maximalists' denial of future replacement technologies proves their cult-like mindset.
- Superior projects always emerge, and Bitcoin's toxicity is evident in its MLM-like behavior.