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

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Bear 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 venture based by OpenAI CEO, Sam Altman, designed to show an individual’s humanity on-line, in a world of AI is all over the place.

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

Verifies you’re human (or at the least, in possession of a human eye-ball)

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 preserve it non-public, 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 non-public tech firm my bio-data), doesn’t outweigh the potential advantages (incomes some little-known cryptocurrency).”

Effectively, seems its not simply our circle of buddies, household, and colleagues that really feel that method, however Spanish and Portuguese law-makers as properly.

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

Portugal’s authorities particularly is below the belief that Worldcoin goes in opposition to its residents information safety rights (however they’re additionally frightened of this pooled info by some means getting used maliciously sooner or later).

And we will’t blame them!

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

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