4 ms·
> How is WorldCoin better than just having a bank account that you have to go into a bank in person to set up? I think the idea is both about being able to use
by gs17 3y ago
> How is WorldCoin better than just having a bank account that you have to go into a bank in person to set up?
I think the idea is both about being able to use it for ID (specifically, ID that you are a unique human being), while also making it accessible in places where there's large "unbanked" populations. If it was BankAccountCoin, there would be over a billion people left out. I'm not a fan of it, and I don't think it will ever work as well at this as it will at making Sam a bit more cash, but the concept isn't entirely flawed.