However, many people have raised concerns and questions about Worldcoin's approach. Some of the issues include:
The ethical implications of collecting and storing sensitive biometric data from millions of people, especially in regions where human rights and data protection laws are weak or nonexistent.
The potential risks of hacking, theft, or misuse of the biometric data, which could expose the users to identity theft, blackmail, or surveillance.
The possibility of coercion, manipulation, or exploitation of vulnerable people who might be tempted to scan their eyes for a small amount of money without fully understanding the consequences.
The lack of transparency and accountability of the Worldcoin team, who have not revealed their identities, their code, or their governance structure.
The feasibility and scalability of the Orb device, which might face technical difficulties, maintenance costs, or regulatory hurdles.
Worldcoin is an ambitious and innovative project that aims to create a more inclusive and fair global economy. However, it also faces many challenges and criticisms that might undermine its credibility and viability. Whether Worldcoin can succeed in its vision or not remains to be seen. ☕
