World Coin: A New Way to Get Millions of People to Use Cryptocurrencies

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The lack of political will for UBI hinders the development of a way to give away money to everyone in the world. Silicon Valley venture capitalists are using the concept of UBI as a way to promote cryptocurrencies and create a profitable enterprise. Despite concerns of it being a scam, World Coin has already gained traction with over 2 million people using their orb iris scans and obtaining world IDs. There is criticism around World Coin's methods of enticing people into participating, including offering cash, tokens, and promises of future wealth. However, the success of World Coin in attracting users is undeniable.

On Sunday night, a crane arrived in downtown San Francisco to take down the Twitter sign from the company’s office building. The crane’s arrival marked the death of Twitter, the brand, and the start of X, Elon Musk’s everything app. Today, why Elon’s acquisition feels more and more like cultural vandalism and what, if anything, will replace the global town square.

Then, is Sam Altman’s universal basic income cryptocurrency app Worldcoin an iris scanning tool to save humanity, or just another attempt to get rich on crypto?

Plus: a trip to Google’s robotics lab, where artificial intelligence models are creating breakthroughs.

Additional reading:

Casey breaks down Twitter’s rebrand.
The launch of Worldcoin — and the story of how it recruited the first half a million users.
Kevin’s column is a deep dive into Google’s new robotics model, which melds A.I. with robots.