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The new "Worldcoin" digital cryptocurrency token for global identification has officially launched, and OpenAI CEO Sam Altman, the guy behind it, is thrilled about its implications for launching a global Universal Basic Income (UBI) program.
As we recently reported, the purpose of Worldcoin is to verify the identities of internet users by scanning their irises to determine whether or not they are real people. This "World ID" program, as they are calling it, is part of a "global digital passport" system for instant verification.
According to Altman, his company is strategically placing "orbs" all around the world to scan people's eyeballs. Users will need to make an in-person appointment to access the "orbs," which are silver balls designed to "verify humanness and uniqueness in a secure and privacy-preserving way."
While still in beta, some two million users signed up for Worldcoin. The company's global orb deployment is now being expanded to 35 cities in 20 countries, according to reports. Once registered, some members in some countries will gain immediate access to Worldcoin's cryptocurrency token, known as WLD...<<<Read More>>>...
"Looks like it's a combination of a global digital ID, crypto currency, AI and UBI?" tweeted investor and real estate guru George Gammon in condemnation of the technology. "It's literally not possible to create something that sounds worse."