> At a high level they're trying to solve a worthy problem: proof of personhood for crypto. > There are a whole class of ideas in crypto that require one walle

> At a high level they're trying to solve a worthy problem: proof of personhood for crypto. > There are a whole class of ideas in crypto that require one wallet/address to correspond to one single person. Like all powerful ideas, there are ways that this could bring great value to the world and unfortunately also ways that this could be horrifically abused. Proof of personhood for crypto could enable verifiable UBI for the world. It could also enable mass surveillance if widely adopted. Wait. Why is this a worthy problem if it has such extreme downsides? What good is UBI if you live in a panopticon? How would the resulting world be different than the former USSR where many things were paid for but you lived in fear of your neighbour ratting you out for "anti-government sentiment"?