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Ok, so here's a general notice to the techbros of the world: Most people, when you say "X is true" believe that you are saying that X is true. Not that you are saying X will be true in the future, not that X might be true at some point in time, and certainly not that you are asserting that X is physically possible.

Anyone remember the argument that rather than waiting to recharge an electric car's battery, you can just drop the battery, bolt a new one in place, and be on your way? Yes, that is physically possible. Yes, it might be a way to do things sometime in the future. But no, it is not possible now, no one is building out the infrastructure required, and as far as I know no vehicle manufacturer is designing their vehicles such that the battery can be easily and quickly replaced. The possibility that something may be done in the future is not a solution to a current problem.

This may be news to you, but most people who might exchange a iris scan for $20 in currency that you cannot access now, and may never be able to access, would consider that to be fraud. You have lied to them.

But that's just the start of the craziness here.

"The documents indicate that the true value of Worldcoin’s continent-spanning field test lies in its distinctive Orbs. Rather than just facilitating the company’s utopian promises, the Orb appears to be at the core of Worldcoin’s ambitions to dominate the emerging business of anonymous digital authentication: in other words, proving that an online avatar is a real person without revealing who they are. [...] Worldcoin says that once its systems are perfected, it will anonymize and delete users’ biometric data, thereby guaranteeing their privacy. But the company still has not committed to a timeline, even though it has captured and stored almost a half million iris scans to train its algorithms."

Yes, they're simply lying about the reason they are collecting data.

"Blania strongly pushed back on the suggestion that Worldcoin’s purpose was to harvest the world’s eyeballs in return for a cryptocurrency that may turn out to be worthless. That notion “is just very wrong. I don’t even know where to start, like this is just very wrong,” he said."

Yeah, if it looks like a duck, walks like a duck, and spends its time quacking, it's probably a duck. Theranos!



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