Police raid WorldCoin cryptocurrency warehouse in Nairobi

3 years ago by learningduck to c/technology

NAIROBI, Kenya, Aug 7 – Police raided a warehouse belonging to WorldCoin cryptocurrency in Nairobi and carted away documents over the weekend. The officers went to the offices along Mombasa Road armed with a search warrant and left with machines they believe stores data gathered by the firm. The team took the data to the […]
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Elephant0991 36 points 3 years ago

Worldcoin, founded by US tech entrepreneur Sam Altman, offers free crypto tokens to people who agree to have their eyeballs scanned.

It claims to be creating a new global “identity and financial network”.

Altman, who founded Open AI, which built chat bot ChatGPT, says he hopes the initiative will help confirm if someone is a human or a robot. He also says this could lead to everyone being paid a universal basic income but it is not clear how.

Sure, bud, hand over our biometrics for your private fiat money, for the promise of unclear-how basic income, meanwhile with your exploiting the poors and manipulating the laws to favor yourself.

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TimeSquirrel 9 points 3 years ago

This sounds like the techbro response to climate change: it will fix itself because reasons and muh tech.

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reddithalation 2 points 3 years ago

InNoVaTiOn!!

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