It is unusual that the actions of the World Coin Foundation and its founder, Sam Altman, do not cause a non-zero percentage of intelligent people to wonder, what?
Worldcoin exists to encourage all of humanity to become cryptocurrency users, and to do that it collects people’s irises to create a digital identity that is expected to be reliable and secure. Create.
This week, the organization announced that it will be changing the way it rewards people who collect Iris using a Worldcoin device called the Orb. They received so-called stablecoins, cryptocurrencies created to avoid the rapid fluctuations inherent in markets. From now on, they will be compensated in WorldCoin’s cryptocurrency, WLD.
why? Not sure.
The company will also reduce by 25% the WLD 100 million it had loaned to professional traders who are paid to act as market makers and brokers to buy and sell currencies and public stocks to maintain liquidity in the WLD market.
25% will be returned to Worldcoin and will not be sold immediately. This reduces the supply of WLD in the market.
why? Probably to increase the value of the currency (due to scarcity). probably.
Altman, who continues to be CEO of AI player OpenAI, may see a need for more ambiguity in the world. announcement Prevent it from appearing in the United States.
why? Perhaps it’s because the regulatory situation for companies like WorldCoin is a threat, and that’s what convinced Mr. Altman not to set up shop in the U.S. Of course, then why did he tell people in the U.S. about WorldCoin? That doesn’t answer why they wanted to make it difficult to know what was going on.
Or a completely different motive may spring up into the world at a later date. For Mr. Altman, there is no shortage of questionable governments emerging.
Article topics
Biometrics | Cryptocurrency | Data Collection | Digital ID | Iris Biometrics | World Coin
