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Portugal Bans Worldcoin (And Spain Isn’t Far Behind)

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Keep in mind Worldcoin? 

They’re about to be booted out of Spain and Portugal!

Unsure what we’re on about? Permit us to clarify…

Worldcoin is a crypto mission based by OpenAI CEO, Sam Altman, designed to show an individual’s humanity on-line, in a world of AI is in all places.

The corporate requires a one-time iris scan by an orb-like bot that:

  1. Verifies you’re human (or not less than, in possession of a human eye-ball)

  2. Then rewards you for being human, by supplying you with $WLD

All whereas utilizing zk-proofs to guard your bio-data.

…however protected or not — all of it sounds a bit dystopian, no? 

From each dialogue we’ve ever had, when anybody hears Worldcoin’s pitch, it interprets of their head one thing like this:

“Give us a scan of your eyeballs (we’ll maintain it personal, promise!) — and in return, we’ll offer you some magic web cash…”

…and in response to such a pitch, it’s solely pure to assume:

“The perceived threat (giving some opaque personal tech firm my bio-data), doesn’t outweigh the potential advantages (incomes some little-known cryptocurrency).”

Properly, seems its not simply our circle of mates, household, and colleagues that really feel that approach, however Spanish and Portuguese law-makers as effectively.

(They’ve simply ordered Worldcoin to halt all information assortment of their international locations).

Portugal’s authorities particularly is beneath the idea that Worldcoin goes in opposition to its residents information safety rights (however they’re additionally petrified of this pooled data in some way getting used maliciously sooner or later).

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And we are able to’t blame them!

We write about zk-proofs on a regular basis, and imagine them to be strong in defending private data.

And nonetheless: there’s isn’t an opportunity in hell we’d take a Worldcoin iris scan.

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