Globalists offer cryptocurrency for digital IDs
Globalist technocrats last week launched Worldcoin, a startup offering users cryptocurrency in exchange for providing their biometric data as digital identification.
Co-founded by OpenAI CEO Sam Altman, Worldcoin uses physical orbs to scan individuals’ irises and uses that data to create a “World ID” which identifies the users online, similar to a Google sign-in. According to Altman, the purpose of identifying users is to distinguish them from AI robots.
“World ID is a digital passport that lets you prove you are a unique and real person while remaining anonymous,” says the company’s website, claiming anonymity because the ID is not yet tied to personal data such as addresses or health status.
The service is being offered at designated pop-up sites, where Altman says there are “lines [of people] around the world” waiting to have their eyeballs scanned by an orb.
In exchange for providing their biometric ocular data, users are paid 25 Worldcoin tokens (WLD), a cryptocurrency created by the company. Ultimately, Worldcoin and its backers — which include LinkedIn co-founder and Jeffrey Epstein associate Reid Hoffman — hope the cryptocurrency will be adopted globally to redistribute wealth in the form of a universal basic income. They also aim for World ID to “enable global democratic processes and novel forms of governance” like online voting.
It is evident from the company’s website that Worldcoin is intended to enable digital IDs tied to digital money, which it lauds as “safer than cash”:
Digital money is safer than cash, which can be more easily stolen or forged. This is especially important in crisis situations where instant cross-border financial transactions need to be possible, such as during the Ukrainian refugee crisis, where USDC was used to distribute direct aid. Additionally, digital money is an asset that individuals can own and control directly without having to trust third parties.
The digital money and digital IDs can be used in social benefit programs, the company suggests:
Crucial elements of modern society, including subsidies and social welfare, can be rendered more equitably by employing proof of personhood. This is particularly pertinent in developing economies, where social benefit programs confront the issue of resource capture—fake identities employed to acquire more than a person’s fair share of resources.
Some have expressed concern that unlike cash, which is accepted regardless of the bearer, a digital passport like World ID could be used to completely cancel someone’s personhood if authorities choose to shut it down.
European regulators are expressing concern about Worldcoin’s data practices. French data protection authority Commission nationale de l’informatique et des libertés (CNIL) Friday announced it is investigating Worldcoin for its data collection and storage.
“The legality of [Worldcoin’s data] collection seems questionable, as do the conditions for storing biometric data,” a CNIL spokesperson told Fortune continuing, “Worldcoin collected data in France, and the CNIL initiated investigations.”
As of publication, Worldcoin is selling for $0.0145 and over two million people have reportedly signed up for the service.
