<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>arcticbull</author><text>Like any other non-coin crypto tech, Worldcoin doesn&amp;#x27;t do what it set out to do because it doesn&amp;#x27;t solve the oracle problem. If you trust their orb, it generates a wallet for you - but anyone, human or otherwise - can use that wallet. There&amp;#x27;s a black market in China for these identities &lt;i&gt;already&lt;/i&gt; [1] and of course the response from Worldcoin was there&amp;#x27;s nothing they can do - because there&amp;#x27;s nothing they can do.&lt;p&gt;So this is just any other coin with extra steps, and the extra layer of trusting Sam Altman with your eyeballs to generate secret keys?&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.coindesk.com&amp;#x2F;policy&amp;#x2F;2023&amp;#x2F;05&amp;#x2F;24&amp;#x2F;black-market-for-worldcoin-credentials-pops-up-in-china&amp;#x2F;&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.coindesk.com&amp;#x2F;policy&amp;#x2F;2023&amp;#x2F;05&amp;#x2F;24&amp;#x2F;black-market-for-...&lt;/a&gt;</text></item></parent_chain><comment><author>arketyp</author><text>It&amp;#x27;s funny how, in the end, the ultimate and perhaps only proof of personhood is being a person, engaged in the world. Sort of how the ultimate decentralized currency is encompassed in the global market of rising and falling economic powers. The oracle problem is a problem because there are no oracles. There is only the test of time. Or something along that line.</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>arcticbull</author><text>Like any other non-coin crypto tech, Worldcoin doesn&amp;#x27;t do what it set out to do because it doesn&amp;#x27;t solve the oracle problem. If you trust their orb, it generates a wallet for you - but anyone, human or otherwise - can use that wallet. There&amp;#x27;s a black market in China for these identities &lt;i&gt;already&lt;/i&gt; [1] and of course the response from Worldcoin was there&amp;#x27;s nothing they can do - because there&amp;#x27;s nothing they can do.&lt;p&gt;So this is just any other coin with extra steps, and the extra layer of trusting Sam Altman with your eyeballs to generate secret keys?&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.coindesk.com&amp;#x2F;policy&amp;#x2F;2023&amp;#x2F;05&amp;#x2F;24&amp;#x2F;black-market-for-worldcoin-credentials-pops-up-in-china&amp;#x2F;&quot; rel=&quot;nofollow noreferrer&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.coindesk.com&amp;#x2F;policy&amp;#x2F;2023&amp;#x2F;05&amp;#x2F;24&amp;#x2F;black-market-for-...&lt;/a&gt;</text></item></parent_chain><comment><author>PurpleRamen</author><text>Wait, the biometric information are only used for the creation of the wallet, not the later usage? Then isn&amp;#x27;t this scam? What is the actual value of using biometric for this?</text></comment>