World News

31475 readers

867 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 4 years ago

MODERATORS

[email protected]

Kenya suspends Worldcoin scans over security, privacy and financial concerns (techcrunch.com)

submitted 11 months ago by [email protected] to c/[email protected]

10 comments fedilink hide all child comments

cross-posted from: https://lemmy.zip/post/958429

Archived version: https://archive.ph/v31Tz
Archived version: https://web.archive.org/web/20230802113328/https://techcrunch.com/2023/08/02/kenya-suspends-worldcoin-scans-over-security-privacy-and-financial-concerns/

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 11 months ago

My sister was panic'ing about this yesterday, I told her it was the dumbest idea I've heard.

And I've seen Logan Paul's Zoocoin. Hell I'd double down and say I'd put my money in zoocoin before worldcoin.

In a world where Bitcoin and Etherium already exist, what does a coin like "Worldcoin" bring to the stage?

More complexity.

Of course there are problems with modern crypto, in terms of security, but a system that can be hacked more easily then the blockchain is for sure not the answer.

And a project that is LESS CONVENIENT then modern crypto, with less security too. Get the hell out of here.