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Re:Sam Altman’s Worldcoin promised them free crypto for an e... by DennisP on Wednesday April 06, 2022 @02:34PM (#30935801)
Having reliable personal identities would enable some interesting stuff, like inflation-funded basic income, reputations, and loans without collateral. But I don't really think having a central actor collect biometrics is a good or safe way to achieve it.
Re:Sam Altman’s Worldcoin promised them free crypto for an e... by d110af5ccf on Wednesday April 06, 2022 @03:47PM (#30936671)
> and loans without collateral

Here's my US passport, a drivers license, a picture of my home, some tax records, and you can verify all of this beyond a reasonable doubt via the various credit reporting agencies. Now hand my my $100k please. Oh BTW I don't actually have any money in the bank and I have no income and etc so you're never going to see me again and good luck collecting anything.

Re:Sam Altman’s Worldcoin promised them free crypto for an e... by CPLX on Wednesday April 06, 2022 @03:36PM (#30936538)
> Having reliable personal identities would enable some interesting stuff, like inflation-funded basic income, reputations, and loans without collateral

In a way that, like, say passports, have never done?