I’m sympathetic to cryptocurrency but here are the things that seem scammy to me, compared to other, non-scammy cryptocurrencies. 1. You are paid in a pyramid

I’m sympathetic to cryptocurrency but here are the things that seem scammy to me, compared to other, non-scammy cryptocurrencies. 1. You are paid in a pyramid scheme model where you are paid for each recruitment you make regardless of economic contribution. Other cryptocurrencies pay for economic value (mining, validating, etc.). This pays just for signing people up. 2. Except actually you’re not paid because WorldCoin is having (surprise) regulation issues. 3. WorldCoin suddenly pulling out of countries due to regulation. In crypto-Twitter vernacular, a rug pull for the operators. 4. Closed source everything. Hardware design. Zero knowledge proof algorithm. 5. 3% pre-mine to founders. If this were to become a large currency, a few people would have 3% of the world’s money.