Worldcoin is a cryptocurrency that uses biometric iris data to verify people before making financial transactions. It is a controversial project co-founded by Sam Altman of OpenAI. Some call it a dystopian scam, while others believe it will make the global economy more equitable. 

#tech #crypto #thecodereport #ai

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🔗 Resources

Worldcoin https://worldcoin.org
Worldcoin raises 115M https://techcrunch.com/2023/05/25/sam-altmans-crypto-project-worldcoin-got-more-coin-in-latest-115m-raise
AI Regulation https://youtu.be/CDokUdux0rc

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🔖 Topics Covered

- What is Worldcoin?
- Is worldcoin safe?
- Who is funding Worldcoin?
- Top cryptocurrency projects
- The risks of AI
- What is a sybil attack?
- How Iris scanning works
- What is a Zero Knowledge Proof ZKP
2024-02-04T13:22:51.370Z
nova-2
2-general-nova
2024-01-09.29447
30089e05-99d1-4376-b32e-c263170674af
8baf7254-fdc9-4281-909b-e91f13c819d9
b8618c012f06c29b3092c06291e69f57bb3b10947a59e06f57f03d5c77d951e2
67875a7f-c9c4-48a0-aa55-5bdb8a91c34a
deprecated
It is May 29, 2023 and you're watching the code report.
If you're a poor person from a third world country, I have an incredible opportunity for you.
You look into this orb so I can harvest immutable biometric data from your eye holes.
It doesn't hurt.
I promise.
In exchange, I give you some of this shiny cryptocurrency that some rich dudes in San Francisco created out of thin air with zero economic effort.
It's called Worldcoin, and its goal is to scan a 1,000,000,000 eyeballs over the next few years to create mobile identity platform and payment network.
And, no, this isn't the plot of a Black Mirror episode.
It's a real project that just raised a $115,000,000 and already has over a 1000000 users.
It's co founded by the benevolent AI king Sam Altman, and is backed by a bunch of VCs like Andreessen Horowitz, which is behind many other crypto projects like Alchemy, Coinbase and Solana.
And even Sam Bankman Fried is an early investor.
In fact, you may have already seen people wearing these Worldcoin t shirts walking around your village, putting these weird balls in Spaces.
These are your friendly World Coin operators, and every time they scan an eyeball, they get some crypto.
It's an ingenious business model.
It has all the same Ponzi nomics of your favorite cryptocurrencies, but is hacking team humans to do the actual physical labor of collecting and processing biometric data.
The way it works is it takes a bunch of images of your iris, which like a Fingerprint is unique to every human, which is then used to verify your personhood so you can start using Worldcoin for everyday transactions.
The actual images and biometric TricData itself is deleted from the orb, so there's no reason to worry about your privacy.
The technology is actually quite transparent.
They explain in great detail how the orb is manufactured and some Some of the source code is available on GitHub.
Ultimately, it's just a machine that can establish proof of personhood.
But why would we need a proof of personhood protocol?
Well, the main reason is the rise of artificial intelligence and the need to differentiate between man and machine.
When it comes to financial systems, it can protect against civil attacks, which is named after a book about I'm a lady with multiple personality disorder, where one person assumes the identity of multiple accounts to game the system.
That can be a problem in crypto, but not really an issue in traditional banking.
The bigger problem is that AI tools like deep fakes and voice cloning can create digital clones of people from their Internet presence.
And that's why it's more important than ever that The people who run these AI companies provide us with a global digital passport to keep us safe from these AI monstrosities that they created.
It's not About money, it's all about making the world a better place.
The Worldcoin Foundation is the initial steward of the protocol, but is intended to become a public open So it's network owned by everybody, and it could potentially evolve into a global universal basic income, which we're definitely going to need after GPT 5 takes all our jobs for good.
That sounds awesome, and I can't wait to just hang out all day and play video games, but Worldcoin has a long uphill battle ahead of itself.
The MIT Technology Review released a scathing article last year that alleged deceptive marketing practices among a variety of other issues, and then you already have a black market emerging in China for Iris data to exploit Avoid the world coin system.
The biggest issue though is that people are resistant to look into the orb.
The orb is your friend.
You must look into the orb.
What's funny though is that most of us have already given All of our facial biometric data to companies like Apple, Meta, and TikTok in a far less transparent way.
After the orb verifies that you're a human, your identity is added to a list of verified humans, and then the Worldcoin app generates a zero knowledge proof to prove your identity without revealing any of your secret information.
In theory, you could be totally anonymous on Worldcoin, but many are skeptical and think it's just laying the groundwork for a world currency that will be implemented by the upcoming One World Government after the alien invasion of 2027, at which point they'll no longer scan our eyeballs, but instead Zed use far more reliable alien probes.
Oh my god.
I just cracked the code.
You can't spell probe without orb.
I could be wrong here, but But just to be safe, I'm gonna stick with Monero for all my anonymous crypto needs.
This has been the Cove Report.
Thanks for watching, and I will see you in the next one.

Speaker 0: It is May 29, 2023 and you're watching the code report. If you're a poor person from a third world country, I have an incredible opportunity for you. You look into this orb so I can harvest immutable biometric data from your eye holes. It doesn't hurt. I promise.

In exchange, I give you some of this shiny cryptocurrency that some rich dudes in San Francisco created out of thin air with zero economic effort. It's called Worldcoin, and its goal is to scan a 1,000,000,000 eyeballs over the next few years to create mobile identity platform and payment network. And, no, this isn't the plot of a Black Mirror episode. It's a real project that just raised a $115,000,000 and already has over a 1000000 users. It's co founded by the benevolent AI king Sam Altman, and is backed by a bunch of VCs like Andreessen Horowitz, which is behind many other crypto projects like Alchemy, Coinbase and Solana.

And even Sam Bankman Fried is an early investor. In fact, you may have already seen people wearing these Worldcoin t shirts walking around your village, putting these weird balls in Spaces. These are your friendly World Coin operators, and every time they scan an eyeball, they get some crypto. It's an ingenious business model. It has all the same Ponzi nomics of your favorite cryptocurrencies, but is hacking team humans to do the actual physical labor of collecting and processing biometric data.

The way it works is it takes a bunch of images of your iris, which like a Fingerprint is unique to every human, which is then used to verify your personhood so you can start using Worldcoin for everyday transactions. The actual images and biometric TricData itself is deleted from the orb, so there's no reason to worry about your privacy. The technology is actually quite transparent. They explain in great detail how the orb is manufactured and some Some of the source code is available on GitHub. Ultimately, it's just a machine that can establish proof of personhood.

But why would we need a proof of personhood protocol? Well, the main reason is the rise of artificial intelligence and the need to differentiate between man and machine. When it comes to financial systems, it can protect against civil attacks, which is named after a book about I'm a lady with multiple personality disorder, where one person assumes the identity of multiple accounts to game the system. That can be a problem in crypto, but not really an issue in traditional banking. The bigger problem is that AI tools like deep fakes and voice cloning can create digital clones of people from their Internet presence.

And that's why it's more important than ever that The people who run these AI companies provide us with a global digital passport to keep us safe from these AI monstrosities that they created. It's not About money, it's all about making the world a better place. The Worldcoin Foundation is the initial steward of the protocol, but is intended to become a public open So it's network owned by everybody, and it could potentially evolve into a global universal basic income, which we're definitely going to need after GPT 5 takes all our jobs for good. That sounds awesome, and I can't wait to just hang out all day and play video games, but Worldcoin has a long uphill battle ahead of itself. The MIT Technology Review released a scathing article last year that alleged deceptive marketing practices among a variety of other issues, and then you already have a black market emerging in China for Iris data to exploit Avoid the world coin system.

The biggest issue though is that people are resistant to look into the orb. The orb is your friend. You must look into the orb. What's funny though is that most of us have already given All of our facial biometric data to companies like Apple, Meta, and TikTok in a far less transparent way. After the orb verifies that you're a human, your identity is added to a list of verified humans, and then the Worldcoin app generates a zero knowledge proof to prove your identity without revealing any of your secret information.

In theory, you could be totally anonymous on Worldcoin, but many are skeptical and think it's just laying the groundwork for a world currency that will be implemented by the upcoming One World Government after the alien invasion of 2027, at which point they'll no longer scan our eyeballs, but instead Zed use far more reliable alien probes. Oh my god. I just cracked the code. You can't spell probe without orb. I could be wrong here, but But just to be safe, I'm gonna stick with Monero for all my anonymous crypto needs.

This has been the Cove Report. Thanks for watching, and I will see you in the next one.
It is May 29, 2023 and you're watching the code report. If you're a poor person from a third world country, I have an incredible opportunity for you. You look into this orb so I can harvest immutable biometric data from your eye holes. It doesn't hurt. I promise. In exchange, I give you some of this shiny cryptocurrency that some rich dudes in San Francisco created out of thin air with zero economic effort. It's called Worldcoin, and its goal is to scan a 1,000,000,000 eyeballs over the next few years to create mobile identity platform and payment network. And, no, this isn't the plot of a Black Mirror episode. It's a real project that just raised a $115,000,000 and already has over a 1000000 users. It's co founded by the benevolent AI king Sam Altman, and is backed by a bunch of VCs like Andreessen Horowitz, which is behind many other crypto projects like Alchemy, Coinbase and Solana. And even Sam Bankman Fried is an early investor. In fact, you may have already seen people wearing these Worldcoin t shirts walking around your village, putting these weird balls in Spaces. These are your friendly World Coin operators, and every time they scan an eyeball, they get some crypto. It's an ingenious business model. It has all the same Ponzi nomics of your favorite cryptocurrencies, but is hacking team humans to do the actual physical labor of collecting and processing biometric data.
cryptocurrency
The way it works is it takes a bunch of images of your iris, which like a Fingerprint is unique to every human, which is then used to verify your personhood so you can start using Worldcoin for everyday transactions. The actual images and biometric TricData itself is deleted from the orb, so there's no reason to worry about your privacy. The technology is actually quite transparent. They explain in great detail how the orb is manufactured and some Some of the source code is available on GitHub. Ultimately, it's just a machine that can establish proof of personhood.
But why would we need a proof of personhood protocol? Well, the main reason is the rise of artificial intelligence and the need to differentiate between man and machine. When it comes to financial systems, it can protect against civil attacks, which is named after a book about I'm a lady with multiple personality disorder, where one person assumes the identity of multiple accounts to game the system. That can be a problem in crypto, but not really an issue in traditional banking. The bigger problem is that AI tools like deep fakes and voice cloning can create digital clones of people from their Internet presence. And that's why it's more important than ever that The people who run these AI companies provide us with a global digital passport to keep us safe from these AI monstrosities that they created.
cryptocurrency
banking
ethics
security
artificial intelligence
gambling
ideologies
intellectual property
criminality
It's not About money, it's all about making the world a better place. The Worldcoin Foundation is the initial steward of the protocol, but is intended to become a public open So it's network owned by everybody, and it could potentially evolve into a global universal basic income, which we're definitely going to need after GPT 5 takes all our jobs for good. That sounds awesome, and I can't wait to just hang out all day and play video games, but Worldcoin has a long uphill battle ahead of itself.
The MIT Technology Review released a scathing article last year that alleged deceptive marketing practices among a variety of other issues, and then you already have a black market emerging in China for Iris data to exploit Avoid the world coin system. The biggest issue though is that people are resistant to look into the orb.
marketing
The orb is your friend. You must look into the orb. What's funny though is that most of us have already given All of our facial biometric data to companies like Apple, Meta, and TikTok in a far less transparent way.
After the orb verifies that you're a human, your identity is added to a list of verified humans, and then the Worldcoin app generates a zero knowledge proof to prove your identity without revealing any of your secret information. In theory, you could be totally anonymous on Worldcoin, but many are skeptical and think it's just laying the groundwork for a world currency that will be implemented by the upcoming One World Government after the alien invasion of 2027, at which point they'll no longer scan our eyeballs, but instead Zed use far more reliable alien probes. Oh my god. I just cracked the code. You can't spell probe without orb. I could be wrong here, but But just to be safe, I'm gonna stick with Monero for all my anonymous crypto needs. This has been the Cove Report. Thanks for watching, and I will see you in the next one.
cryptocurrency
It is May 29, 2023 and you're watching the code report. If you're a poor person from a third world country, I have an incredible opportunity for you. You look into this orb so I can harvest immutable biometric data from your eye holes. It doesn't hurt. I promise. In exchange, I give you some of this shiny cryptocurrency that some rich dudes in San Francisco created out of thin air with zero economic effort. It's called Worldcoin, and its goal is to scan a 1,000,000,000 eyeballs over the next few years to create mobile identity platform and payment network. And, no, this isn't the plot of a Black Mirror episode. It's a real project that just raised a $115,000,000 and already has over a 1000000 users. It's co founded by the benevolent AI king Sam Altman, and is backed by a bunch of VCs like Andreessen Horowitz, which is behind many other crypto projects like Alchemy, Coinbase and Solana. And even Sam Bankman Fried is an early investor. In fact, you may have already seen people wearing these Worldcoin t shirts walking around your village, putting these weird balls in Spaces. These are your friendly World Coin operators, and every time they scan an eyeball, they get some crypto. It's an ingenious business model. It has all the same Ponzi nomics of your favorite cryptocurrencies, but is hacking team humans to do the actual physical labor of collecting and processing biometric data. The way it works is it takes a bunch of images of your iris, which like a Fingerprint is unique to every human, which is then used to verify your personhood so you can start using Worldcoin for everyday transactions. The actual images and biometric TricData itself is deleted from the orb, so there's no reason to worry about your privacy. The technology is actually quite transparent. They explain in great detail how the orb is manufactured and some Some of the source code is available on GitHub. Ultimately, it's just a machine that can establish proof of personhood. But why would we need a proof of personhood protocol? Well, the main reason is the rise of artificial intelligence and the need to differentiate between man and machine. When it comes to financial systems, it can protect against civil attacks, which is named after a book about I'm a lady with multiple personality disorder, where one person assumes the identity of multiple accounts to game the system. That can be a problem in crypto, but not really an issue in traditional banking. The bigger problem is that AI tools like deep fakes and voice cloning can create digital clones of people from their Internet presence. And that's why it's more important than ever that The people who run these AI companies provide us with a global digital passport to keep us safe from these AI monstrosities that they created. It's not About money, it's all about making the world a better place. The Worldcoin Foundation is the initial steward of the protocol, but is intended to become a public open So it's network owned by everybody, and it could potentially evolve into a global universal basic income, which we're definitely going to need after GPT 5 takes all our jobs for good. That sounds awesome, and I can't wait to just hang out all day and play video games, but Worldcoin has a long uphill battle ahead of itself. The MIT Technology Review released a scathing article last year that alleged deceptive marketing practices among a variety of other issues, and then you already have a black market emerging in China for Iris data to exploit Avoid the world coin system. The biggest issue though is that people are resistant to look into the orb. The orb is your friend. You must look into the orb. What's funny though is that most of us have already given All of our facial biometric data to companies like Apple, Meta, and TikTok in a far less transparent way. After the orb verifies that you're a human, your identity is added to a list of verified humans, and then the Worldcoin app generates a zero knowledge proof to prove your identity without revealing any of your secret information. In theory, you could be totally anonymous on Worldcoin, but many are skeptical and think it's just laying the groundwork for a world currency that will be implemented by the upcoming One World Government after the alien invasion of 2027, at which point they'll no longer scan our eyeballs, but instead Zed use far more reliable alien probes. Oh my god. I just cracked the code. You can't spell probe without orb. I could be wrong here, but But just to be safe, I'm gonna stick with Monero for all my anonymous crypto needs. This has been the Cove Report. Thanks for watching, and I will see you in the next one.
It
it
is
is
May
may
29,
29
2023
2023
and
and
you're
you're
watching
watching
the
the
code
code
report.
report
If
if
you're
you're
a
a
poor
poor
person
person
from
from
a
a
third
third
world
world
country,
country
I
i
have
have
an
an
incredible
incredible
opportunity
opportunity
for
for
you.
you
You
you
look
look
into
into
this
this
orb
orb
so
so
I
i
can
can
harvest
harvest
immutable
immutable
biometric
biometric
data
data
from
from
your
your
eye
eye
holes.
holes
It
it
doesn't
doesn't
hurt.
hurt
I
i
promise.
promise
In
in
exchange,
exchange
I
i
give
give
you
you
some
some
of
of
this
this
shiny
shiny
cryptocurrency
cryptocurrency
that
that
some
some
rich
rich
dudes
dudes
in
in
San
san
Francisco
francisco
created
created
out
out
of
of
thin
thin
air
air
with
with
zero
zero
economic
economic
effort.
effort
It's
it's
called
called
Worldcoin,
worldcoin
and
and
its
its
goal
goal
is
is
to
to
scan
scan
a
a
1,000,000,000
1,000,000,000
eyeballs
eyeballs
over
over
the
the
next
next
few
few
years
years
to
to
create
create
mobile
mobile
identity
identity
platform
platform
and
and
payment
payment
network.
network
And,
and
no,
no
this
this
isn't
isn't
the
the
plot
plot
of
of
a
a
Black
black
Mirror
mirror
episode.
episode
It's
it's
a
a
real
real
project
project
that
that
just
just
raised
raised
a
a
$115,000,000
$115,000,000
and
and
already
already
has
has
over
over
a
a
1000000
1000000
users.
users
It's
it's
co
co
founded
founded
by
by
the
the
benevolent
benevolent
AI
ai
king
king
Sam
sam
Altman,
altman
and
and
is
is
backed
backed
by
by
a
a
bunch
bunch
of
of
VCs
vcs
like
like
Andreessen
andreessen
Horowitz,
horowitz
which
which
is
is
behind
behind
many
many
other
other
crypto
crypto
projects
projects
like
like
Alchemy,
alchemy
Coinbase
coinbase
and
and
Solana.
solana
And
and
even
even
Sam
sam
Bankman
bankman
Fried
fried
is
is
an
an
early
early
investor.
investor
In
in
fact,
fact
you
you
may
may
have
have
already
already
seen
seen
people
people
wearing
wearing
these
these
Worldcoin
worldcoin
t
t
shirts
shirts
walking
walking
around
around
your
your
village,
village
putting
putting
these
these
weird
weird
balls
balls
in
in
Spaces.
spaces
These
these
are
are
your
your
friendly
friendly
World
world
Coin
coin
operators,
operators
and
and
every
every
time
time
they
they
scan
scan
an
an
eyeball,
eyeball
they
they
get
get
some
some
crypto.
crypto
It's
it's
an
an
ingenious
ingenious
business
business
model.
model
It
it
has
has
all
all
the
the
same
same
Ponzi
ponzi
nomics
nomics
of
of
your
your
favorite
favorite
cryptocurrencies,
cryptocurrencies
but
but
is
is
hacking
hacking
team
team
humans
humans
to
to
do
do
the
the
actual
actual
physical
physical
labor
labor
of
of
collecting
collecting
and
and
processing
processing
biometric
biometric
data.
data
The
the
way
way
it
it
works
works
is
is
it
it
takes
takes
a
a
bunch
bunch
of
of
images
images
of
of
your
your
iris,
iris
which
which
like
like
a
a
Fingerprint
fingerprint
is
is
unique
unique
to
to
every
every
human,
human
which
which
is
is
then
then
used
used
to
to
verify
verify
your
your
personhood
personhood
so
so
you
you
can
can
start
start
using
using
Worldcoin
worldcoin
for
for
everyday
everyday
transactions.
transactions
The
the
actual
actual
images
images
and
and
biometric
biometric
TricData
tricdata
itself
itself
is
is
deleted
deleted
from
from
the
the
orb,
orb
so
so
there's
there's
no
no
reason
reason
to
to
worry
worry
about
about
your
your
privacy.
privacy
The
the
technology
technology
is
is
actually
actually
quite
quite
transparent.
transparent
They
they
explain
explain
in
in
great
great
detail
detail
how
how
the
the
orb
orb
is
is
manufactured
manufactured
and
and
some
some
Some
some
of
of
the
the
source
source
code
code
is
is
available
available
on
on
GitHub.
github
Ultimately,
ultimately
it's
it's
just
just
a
a
machine
machine
that
that
can
can
establish
establish
proof
proof
of
of
personhood.
personhood
But
but
why
why
would
would
we
we
need
need
a
a
proof
proof
of
of
personhood
personhood
protocol?
protocol
Well,
well
the
the
main
main
reason
reason
is
is
the
the
rise
rise
of
of
artificial
artificial
intelligence
intelligence
and
and
the
the
need
need
to
to
differentiate
differentiate
between
between
man
man
and
and
machine.
machine
When
when
it
it
comes
comes
to
to
financial
financial
systems,
systems
it
it
can
can
protect
protect
against
against
civil
civil
attacks,
attacks
which
which
is
is
named
named
after
after
a
a
book
book
about
about
I'm
i'm
a
a
lady
lady
with
with
multiple
multiple
personality
personality
disorder,
disorder
where
where
one
one
person
person
assumes
assumes
the
the
identity
identity
of
of
multiple
multiple
accounts
accounts
to
to
game
game
the
the
system.
system
That
that
can
can
be
be
a
a
problem
problem
in
in
crypto,
crypto
but
but
not
not
really
really
an
an
issue
issue
in
in
traditional
traditional
banking.
banking
The
the
bigger
bigger
problem
problem
is
is
that
that
AI
ai
tools
tools
like
like
deep
deep
fakes
fakes
and
and
voice
voice
cloning
cloning
can
can
create
create
digital
digital
clones
clones
of
of
people
people
from
from
their
their
Internet
internet
presence.
presence
And
and
that's
that's
why
why
it's
it's
more
more
important
important
than
than
ever
ever
that
that
The
the
people
people
who
who
run
run
these
these
AI
ai
companies
companies
provide
provide
us
us
with
with
a
a
global
global
digital
digital
passport
passport
to
to
keep
keep
us
us
safe
safe
from
from
these
these
AI
ai
monstrosities
monstrosities
that
that
they
they
created.
created
It's
it's
not
not
About
about
money,
money
it's
it's
all
all
about
about
making
making
the
the
world
world
a
a
better
better
place.
place
The
the
Worldcoin
worldcoin
Foundation
foundation
is
is
the
the
initial
initial
steward
steward
of
of
the
the
protocol,
protocol
but
but
is
is
intended
intended
to
to
become
become
a
a
public
public
open
open
So
so
it's
it's
network
network
owned
owned
by
by
everybody,
everybody
and
and
it
it
could
could
potentially
potentially
evolve
evolve
into
into
a
a
global
global
universal
universal
basic
basic
income,
income
which
which
we're
we're
definitely
definitely
going
going
to
to
need
need
after
after
GPT
gpt
5
5
takes
takes
all
all
our
our
jobs
jobs
for
for
good.
good
That
that
sounds
sounds
awesome,
awesome
and
and
I
i
can't
can't
wait
wait
to
to
just
just
hang
hang
out
out
all
all
day
day
and
and
play
play
video
video
games,
games
but
but
Worldcoin
worldcoin
has
has
a
a
long
long
uphill
uphill
battle
battle
ahead
ahead
of
of
itself.
itself
The
the
MIT
mit
Technology
technology
Review
review
released
released
a
a
scathing
scathing
article
article
last
last
year
year
that
that
alleged
alleged
deceptive
deceptive
marketing
marketing
practices
practices
among
among
a
a
variety
variety
of
of
other
other
issues,
issues
and
and
then
then
you
you
already
already
have
have
a
a
black
black
market
market
emerging
emerging
in
in
China
china
for
for
Iris
iris
data
data
to
to
exploit
exploit
Avoid
avoid
the
the
world
world
coin
coin
system.
system
The
the
biggest
biggest
issue
issue
though
though
is
is
that
that
people
people
are
are
resistant
resistant
to
to
look
look
into
into
the
the
orb.
orb
The
the
orb
orb
is
is
your
your
friend.
friend
You
you
must
must
look
look
into
into
the
the
orb.
orb
What's
what's
funny
funny
though
though
is
is
that
that
most
most
of
of
us
us
have
have
already
already
given
given
All
all
of
of
our
our
facial
facial
biometric
biometric
data
data
to
to
companies
companies
like
like
Apple,
apple
Meta,
meta
and
and
TikTok
tiktok
in
in
a
a
far
far
less
less
transparent
transparent
way.
way
After
after
the
the
orb
orb
verifies
verifies
that
that
you're
you're
a
a
human,
human
your
your
identity
identity
is
is
added
added
to
to
a
a
list
list
of
of
verified
verified
humans,
humans
and
and
then
then
the
the
Worldcoin
worldcoin
app
app
generates
generates
a
a
zero
zero
knowledge
knowledge
proof
proof
to
to
prove
prove
your
your
identity
identity
without
without
revealing
revealing
any
any
of
of
your
your
secret
secret
information.
information
In
in
theory,
theory
you
you
could
could
be
be
totally
totally
anonymous
anonymous
on
on
Worldcoin,
worldcoin
but
but
many
many
are
are
skeptical
skeptical
and
and
think
think
it's
it's
just
just
laying
laying
the
the
groundwork
groundwork
for
for
a
a
world
world
currency
currency
that
that
will
will
be
be
implemented
implemented
by
by
the
the
upcoming
upcoming
One
one
World
world
Government
government
after
after
the
the
alien
alien
invasion
invasion
of
of
2027,
2027
at
at
which
which
point
point
they'll
they'll
no
no
longer
longer
scan
scan
our
our
eyeballs,
eyeballs
but
but
instead
instead
Zed
zed
use
use
far
far
more
more
reliable
reliable
alien
alien
probes.
probes
Oh
oh
my
my
god.
god
I
i
just
just
cracked
cracked
the
the
code.
code
You
you
can't
can't
spell
spell
probe
probe
without
without
orb.
orb
I
i
could
could
be
be
wrong
wrong
here,
here
but
but
But
but
just
just
to
to
be
be
safe,
safe
I'm
i'm
gonna
gonna
stick
stick
with
with
Monero
monero
for
for
all
all
my
my
anonymous
anonymous
crypto
crypto
needs.
needs
This
this
has
has
been
been
the
the
Cove
cove
Report.
report
Thanks
thanks
for
for
watching,
watching
and
and
I
i
will
will
see
see
you
you
in
in
the
the
next
next
one.
one
success
The Worldcoin, a cryptocurrency designed to scan 1,000,000 eyeballs to create a mobile identity platform and payment network, is a joint venture between the Worldcoin Foundation and the blockchain industry. The protocol is designed to protect against civil attacks and is network-issued, with no need for a proof of identity. The protocol is also designed to become a global basic income and is network-issued to ensure privacy.
Worldcoin… the sh*tcoin for humanity just launched
It is May 29, 2023 and you're watching the code report. If you're a poor person from a third world country, I have an incredible opportunity for you. You look into this orb so I can harvest immutable biometric data from your eye holes. It doesn't hurt. I promise. In exchange, I give you some of this shiny cryptocurrency that some rich dudes in San Francisco created out of thin air with zero economic effort. It's called Worldcoin, and its goal is to scan a 1,000,000,000 eyeballs over the next few years to create mobile identity platform and payment network. And, no, this isn't the plot of a Black Mirror episode. It's a real project that just raised a $115,000,000 and already has over a 1000000 users. It's co founded by the benevolent AI king Sam Altman, and is backed by a bunch of VCs like Andreessen Horowitz, which is behind many other crypto projects like Alchemy, Coinbase and Solana. And even Sam Bankman Fried is an early investor. In fact, you may have already seen people wearing these Worldcoin t shirts walking around your village, putting these weird balls in Spaces. These are your friendly World Coin operators, and every time they scan an eyeball, they get some crypto. It's an ingenious business model. It has all the same Ponzi nomics of your favorite cryptocurrencies, but is hacking team humans to do the actual physical labor of collecting and processing biometric data. The way it works is it takes a bunch of images of your iris, which like a Fingerprint is unique to every human, which is then used to verify your personhood so you can start using Worldcoin for everyday transactions. The actual images and biometric TricData itself is deleted from the orb, so there's no reason to worry about your privacy. The technology is actually quite transparent. They explain in great detail how the orb is manufactured and some Some of the source code is available on GitHub. Ultimately, it's just a machine that can establish proof of personhood. But why would we need a proof of personhood protocol? Well, the main reason is the rise of artificial intelligence and the need to differentiate between man and machine. When it comes to financial systems, it can protect against civil attacks, which is named after a book about I'm a lady with multiple personality disorder, where one person assumes the identity of multiple accounts to game the system. That can be a problem in crypto, but not really an issue in traditional banking. The bigger problem is that AI tools like deep fakes and voice cloning can create digital clones of people from their Internet presence. And that's why it's more important than ever that The people who run these AI companies provide us with a global digital passport to keep us safe from these AI monstrosities that they created. It's not About money, it's all about making the world a better place. The Worldcoin Foundation is the initial steward of the protocol, but is intended to become a public open So it's network owned by everybody, and it could potentially evolve into a global universal basic income, which we're definitely going to need after GPT 5 takes all our jobs for good. That sounds awesome, and I can't wait to just hang out all day and play video games, but Worldcoin has a long uphill battle ahead of itself. The MIT Technology Review released a scathing article last year that alleged deceptive marketing practices among a variety of other issues, and then you already have a black market emerging in China for Iris data to exploit Avoid the world coin system. The biggest issue though is that people are resistant to look into the orb. The orb is your friend. You must look into the orb. What's funny though is that most of us have already given All of our facial biometric data to companies like Apple, Meta, and TikTok in a far less transparent way. After the orb verifies that you're a human, your identity is added to a list of verified humans, and then the Worldcoin app generates a zero knowledge proof to prove your identity without revealing any of your secret information. In theory, you could be totally anonymous on Worldcoin, but many are skeptical and think it's just laying the groundwork for a world currency that will be implemented by the upcoming One World Government after the alien invasion of 2027, at which point they'll no longer scan our eyeballs, but instead Zed use far more reliable alien probes. Oh my god. I just cracked the code. You can't spell probe without orb. I could be wrong here, but But just to be safe, I'm gonna stick with Monero for all my anonymous crypto needs. This has been the Cove Report. Thanks for watching, and I will see you in the next one.
The Worldcoin, a cryptocurrency designed to scan 1,000,000 eyeballs to create a mobile identity platform and payment network, is a joint venture between the Worldcoin Foundation and the blockchain industry. The protocol is designed to protect against civil attacks and is network-issued, with no need for a proof of identity. The protocol is also designed to become a global basic income and is network-issued to ensure privacy.