⚠️The fear is rising, could this be the start of the new identification system???

WLD coin, co-founded by OpenAI's Sam Altman, aims to create a global digital currency by providing everyone with a unique ID through iris scans. The project envisions financial inclusion for the unbanked and seamless global transactions, harnessing the power of blockchain technology.

However, this ambitious vision has met with significant backlash. Privacy advocates express deep concerns about the potential misuse of biometric data. The idea of scanning irises to generate unique IDs raises alarms about surveillance and data security. Critics argue that the project risks becoming a dystopian tool for mass data collection.

The backlash isn't just theoretical. In Kenya, where Worldcoin began trials, the government of kenya suspended its operations, citing concerns over data privacy and regulatory compliance. Additionally, some participants have reported feeling misled about the scope and security of the data collected.

Despite these issues, Worldcoin presses on, promising robust safeguards and transparency. Yet, the project's ability to overcome its reputational and ethical challenges remains uncertain, casting a shadow over its potential to revolutionize global finance.

‼️ What do you think about the project??

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