walker on Nostr: “Of course, there’s not much you can do with a Worldcoin token either, but ...

“Of course, there’s not much you can do with a Worldcoin token either, but someday, Worldcoin says, it’ll form the basis of a new economic system and maybe will also provide a universal basic income stream for the world’s poor. The combination of a vague promise of future usefulness along with the sheen of do-goodery will sound familiar to anyone who has followed the similar tokens backed by Sam Bankman-Fried, who was a Worldcoin investor before he was accused of running what prosecutors say was a fraudulent cryptocurrency exchange.”

https://www.bloomberg.com/news/newsletters/2023-08-07/what-s-the-purpose-of-worldcoin-orb-eye-scanning-crypto-token-project?utm_medium=social&utm_source=twitter&utm_campaign=socialflow-organic&utm_content=crypto