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aside that scanning your eyeball for something called Worldcoin sounds like an Illuminati plot from the Deus Ex franchise, why does this need to be a cryptocurr
by Barrin92 5y ago
aside that scanning your eyeball for something called Worldcoin sounds like an Illuminati plot from the Deus Ex franchise, why does this need to be a cryptocurrency or how is a worldwide UBI even a business
- IgorPartola 5y agoYou clearly don’t understand modern crypto. No, I don’t mean the tech, I mean the business of the buzzword. Here: Step 1: create a blockchain. Step 2: add some weird twist. Maybe each token represents an acorn of an oak so that we can save the planet by planting more oaks. Step 3: hold onto most of the tokens yourself but give away a bunch to kickstart the economy of your coin and give it some minimal value. Step 4: get Coinbase to pick up your coin to increase its value. Step 5: sell your coins and profit while providing absolutely no value to anyone.
- oefrha 5y agoI wish I were joking, but a quick search yielded the “Save Planet Earth Crypto Token” — what a no bullshit name — that’s basically tied to planting trees somehow someway. Apparently the roadmap to saving planet earth includes “Development/Release of v1 SavePlanetEarth Android/iOS App”, “Development of revolutionary v2 SavePlanetEarth Android/iOS App”, “SavePlanetEarth Merch”, etc. https://saveplanetearth.io/ https://saveplanetearth.io/
- knownjorbist 5y agoThere actually are projects that could have a more tangible impact on the environment, if anyone is curious. KlimaDAO is essentially connecting carbon offset and credit markets directly to crypto and forming a black hole of buy pressure. In places where such schemes are law, it could make emissions much more expensive over time. https://docs.klimadao.finance/about-klima-dao https://docs.klimadao.finance/about-klima-dao
- IgorPartola 5y agoIf I want to buy carbon offsets why would I not just buy them from a farm/landowner? What does crypto do for me that I can’t do with a dollar bill?
- knownjorbist 5y agoThis is creating a black hole of buy-side pressure for any and all carbon offsets that they work with(see their documentation for which). Broadening the carbon offset market is a good thing.
- mNovak 5y agoOakCoins were great but the proof of oak made block speed too slow
- vangelis 5y agoTrees are just physical NFTs.
- IgorPartola 5y agoSo physical representations of digital tokens meant to represent physical objects?
- vangelis 5y agoNow, if we could tokenize the tree token trees..
- deleted 5y ago[deleted]
- svachalek 5y agoAssuming this takes off, they'd only be holding 10% of the world's money, with their investors holding another 10%. It's downright altruistic by new blockchain standards.
- DesiLurker 5y agoyou just made a bull case for coinbase.
- IgorPartola 5y agoWhen there is a gold rush, the surest way to make money is to sell shovels.
- knownjorbist 5y agoWhile this out of touch YC tech bro project will go nowhere, there are more sincere and less dystopic projects aiming to prove human uniqueness for the purposes of sybil resistance in web3: https://papers.humanode.io/whitepaper.pdf https://papers.humanode.io/whitepaper.pdf https://www.brightid.org/whitepaper https://www.brightid.org/whitepaper