API keys? You mean smart wallets? | shawmakesmagic på Binance Square

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API keys? You mean smart wallets?

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Moral and ethical issues aside Worldcoin is opening up the world’s poorest people to a a vector of identity theft, creating a global fingerprint database that they control but which will certainly leak There are so many technical risks and unknowns and trust me bros and obvious failure points And the end result is to… give everyone welfare? Can anyone explain why the VCs are investing in this? Is it just a cynical token grab? Because the economics are literally they control all identity and give everyone free money, the only ways that makes sense are exceptionally dystopian.

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Moral and ethical issues aside Worldcoin is opening up the world’s poorest people to a a vector of identity theft, creating a global fingerprint database that they control but which will certainly leak to major superpowers There are so many technical risks and unknowns and trust me bros and obvious failure points And the end result is to… give everyone welfare? Can anyone explain why the VCs are investing in this? Is it just a cynical token grab? Because the economics are literally they control all identity and give everyone free money, the only ways that makes sense are exceptionally dystopian.

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I wrote an Op Ed https://www.coindesk.com/opinion/2025/06/03/openais-64-billion-hardware-gamble-exposes-the-closed-ai-trap

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https://elizaos.github.io/ If you've contributed to the ElizaOS ecosystem, please link your wallet so we can send stuff to you in the future, thanks

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If you don't like a project you can always sell your tokens and leave btw

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