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I used to defend crypto a lot (now just a little). Especially the UBI attempts. But no. World coin has always looked like a thinly veiled attempt to generate
by __MatrixMan__ 3y ago
I used to defend crypto a lot (now just a little). Especially the UBI attempts. But no.
World coin has always looked like a thinly veiled attempt to generate a biometric dataset which would later be used against its users.
I just don't know who its audience was supposed to be. If you're suspicious enough of fiat to want this kind of escape hatch, how can you simultaneously be trusting enough to embrace a system that relies on biometrics and allegedly trustworthy hardware?
- mrguyorama 3y agoBecause 90% of the people who got into crypto did not give a fuck about "trust" or any of the nonsense blockchains claim they do and only wanted to hit the lottery on the next coin going to the moon.
- __MatrixMan__ 3y agoOh it's totally in the 95% grift part of crypto. I'm just saying that it stands out from the rest because it targets a virtually non-existent demographic. Most scams try to cast a wide net.