Is Worldcoin Legit? Famous Hacker Weighs In!

Kevin Whitsitt

Click on the link below for more about Worldcoin!

https://www.trustthelink.com/is-worldcoin-legit-a-famous-hacker-weighs-in/

Hey wutzup. There is a project called Worldcoin that has caught my eye.

In a nutshell, it's attempting to solve Universal Basic Income, which sounds easier than it really is. To distribute income equally to all people the project needs 2 things. It needs a way to identify people and an easy way to pay them.

The good news is Worldcoin does have a good leader with Sam Alman. Sam was the former president of Y combinator that launched over 3,000 companies (sounds like he should be on Shark Tank right?).

Some of these companies include Reddit and Twitch. Sam Alman is the current CEO of OpenAI working with Elon Musk to ensure artificial intelligence doesn't turn into Terminators that kill all humans.

At least this is one of the goals. If Elon Musk is willing to work with him that is a credibility boost, right? Seriously, how does anyone not like Elon Musk? He has created so many jobs and many companies, tackling some big problems. How the project is attempting to identify people is with an eye scan and paying them using the Ethereum blockchain.

What could go wrong right? Actually a lot. I've come up with 4 things off the top of my head, but a famous hacker named Edward Snowden has some major concerns with this project. Edward Snowden is famous for sharing classified government data using Wiki Leaks. He believes you can replace their biometric device (It's a way to identify someone) with a random hash generator.

A hash is a set of numbers or letters like a code. If it works, the currency is not fairly distributed, but anyone sending valid hashes is issued money. If it doesn't work there is some secret or central check that is performed and the currency is not open source. Bitcoin is open source and this means not 1 person controls it but the community (it's the common folk's money).

In conclusion, Worldcoin can be legit, but it's too early to tell. If you want to learn more about Worldcoin, I created a whole blog post about it that you can check out by clicking on the link below or going to Trustthelink.com. You can trust the link.

I explain exactly how the orbs work, the 4 major problems I've discovered, the main issue with the price of Worldcoin, and why people become orb operators. Lastly, I'll share the crypto project I'm most bullish on, that you should probably know about. I hope this video or podcast was helpful. Have a nice day.