Worldcoin isn’t as bad as it sounds: It’s worse

Re:Worldcoin isn’t as bad as it sounds: It’s worse by JohnFen on Friday July 28, 2023 @05:48PM (#36913819)

> When people say "trust" in the context of Bitcoin, it's about not having to trust a middle man

That's all fine if you're a cryptocurrency guy, but in terms of what ordinary people mean by "trust", I don't see how cryptocurrency removes "the need for reputation and trust." You still need those things.

> neither does cash

True. Which is why cash also has a need for reputation and trust.

All I'm asserting is that the need to trust people is not eliminated by using cryptocurrency. How is my assertion wrong?

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Re:Worldcoin isn’t as bad as it sounds: It’s worse by AnthonyMouse on Friday July 28, 2023 @06:37PM (#36914314)

Someone says that TLS secures your credit card number when buying things online. Which it does.

You say that it doesn't do that, because someone could break into your house and install a hidden camera to capture you entering in your credit card number and it doesn't prevent that.

But you use other things to prevent that. That isn't the kind of security that TLS claims to provide.

And notably, there aren't a lot of alternatives to the kind of trust that blockchains would allow you to avoid placing in the likes of PayPal.

[ Parent | on HN ]