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No doubt that it could fail. Very very hard problem. It would be hard to know how many fake proofs are out there. I hope Worldcoin more clearly communicates th
by johnsgresham 5y ago
No doubt that it could fail. Very very hard problem.
It would be hard to know how many fake proofs are out there. I hope Worldcoin more clearly communicates that people should not treat this as a pyramid, and if people do, I can't blame Worldcoin. The line between a referral system for early adopters and a pyramid scheme can sometimes be tricky to define (ex. People were saying Tesla's referral system and stock hype was pyramid scheme-y).
I still think Worldcoin has proposed the best solution for attempting to solve this problem. Perhaps their solution might have fake accounts, ~1-2% might be acceptable. Nonetheless, I'm hoping that others go after this problem by seeing Worldcoin try and tackle it.