Technology

37712 readers

196 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago

MODERATORS

[email protected]

Sam Altman’s Worldcoin token to launch Monday (www.semafor.com)

submitted 1 year ago by [email protected] to c/[email protected]

16 comments fedilink hide all child comments

The token has been controversial in Silicon Valley for its ambitious and unorthodox approach to trying to solve two vexing problems: Online identity authentication and income inequality.

...

The token economics — a breakdown of how the tokens will be distributed — will be made public Monday, the people said.

Tools for Humanity has offered people around the world free Worldcoin tokens, called “WLD,” in exchange for scanning their irises with a device called “The Orb.” The iris scans ensure that each person can have only one Worldcoin ID.

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

[–] [email protected] 48 points 1 year ago (1 children)

Universal Basic Income is not a technical problem but a political decision. This new coin does not solve social or economical inequality. Its just a new comtetitor in the field of cryptoscam.

[–] [email protected] 14 points 1 year ago

Very much so.

If this coin's math and mechanics actually work in transferring wealth from rich to poor ... it'll be swamped in poor people wanting their cut, and rich people will want nothing to do with a shitcoin that's explicitly going to take their money and give it to other people.