WorldCoin: A Potential Dystopian Crypto Future

WorldCoin, a newly launched cryptocurrency, aims to offer economic opportunity and distinguish humans from AI online. However, this raises concerns about privacy and informed consent, especially as WorldCoin plans to scan individuals' iris and assign them a unique number in exchange for 25 WorldCoins. While the use of biometric data may enhance privacy protection, it also introduces greater centralization. The future of identity verification and authentication, including the concept of proof of personhood, is explored in a thought-provoking article by Vitalik Bitterin. Trade-offs between privacy and access remain at the forefront of discussions on this topic.