<story><title>Worldcoin isn’t as bad as it sounds: It’s worse</title><url>https://blockworks.co/news/worldcoin-privacy-concerns</url></story><parent_chain><item><author>unboxingelf</author><text>Worldcoin is simply another pre-mined, VC backed shitcoin - albeit worst because they’re building a biometrics database.&lt;p&gt;- VCs dump money in (SBF, a16z, etc)&lt;p&gt;- 25% of the coins are kept for the founders + investors&lt;p&gt;How many times do people have to get burned on these scams?&lt;p&gt;Obviously Sam has some street cred with the govt else they would have pulled him infront of congress like when zuck tried to launch Libre.</text></item></parent_chain><comment><author>curiousllama</author><text>&amp;gt; Obviously Sam has some street cred with the govt else they would have pulled him infront of congress like when zuck tried to launch Libre.&lt;p&gt;Quite the opposite. Congress usually doesn’t give a shit until something is actually relevant to politics. They don’t care about weird VC grifts</text></comment>
<story><title>Worldcoin isn’t as bad as it sounds: It’s worse</title><url>https://blockworks.co/news/worldcoin-privacy-concerns</url></story><parent_chain><item><author>unboxingelf</author><text>Worldcoin is simply another pre-mined, VC backed shitcoin - albeit worst because they’re building a biometrics database.&lt;p&gt;- VCs dump money in (SBF, a16z, etc)&lt;p&gt;- 25% of the coins are kept for the founders + investors&lt;p&gt;How many times do people have to get burned on these scams?&lt;p&gt;Obviously Sam has some street cred with the govt else they would have pulled him infront of congress like when zuck tried to launch Libre.</text></item></parent_chain><comment><author>lern_too_spel</author><text>&amp;gt; Obviously Sam has some street cred with the govt else they would have pulled him infront of congress like when zuck tried to launch Libre.&lt;p&gt;He got around US regulations by not making it available in the US. No street cred required.</text></comment>