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Re:Govt warns kenyans about Worldcoin by arcticbull on Wednesday August 09, 2023 @04:45PM (#37068136)
The only benefit - if you believe that the quantity of people willing to commit crimes is constant - is that it has concentrated the criminality into a parallel ecosystem and out of the primary economy. Basically a walled garden for criminals to steal from each other.

If you believe in induced demand of criminality well, bad news there too.

Re:Govt warns kenyans about Worldcoin by 3cats-in-a-coat on Wednesday August 09, 2023 @05:07PM (#37068417)
That's easily falsified, because you can trade bitcoin for good, services, and currency which is... things around it. And you can also extort bitcoin from victims. So criminals are not isolated in any way. Their transactions are less visible and trackable. But that's not a benefit. It's the very thing that's permitting them to get organized at scale, and then take on other less anonymous systems. Like topple governments, buy politicians, have their own military like in Mexico, and so on.
Re:Govt warns kenyans about Worldcoin by za_creature on Wednesday August 09, 2023 @05:15PM (#37068519)
With no opinion on whether this is a good thing or not, the blockchain as described by the original author(s) does allow (as long as the hash function holds up and there's financial incentive to crunch the numbers) proof of public delivery of a message, thus negating the need for notaries.
Re:Govt warns kenyans about Worldcoin by georgyo on Wednesday August 09, 2023 @05:06PM (#37068416)
It definitely emboldened criminal behavior, especially things like ransomware.
Re:Govt warns kenyans about Worldcoin by moralestapia on Wednesday August 09, 2023 @05:10PM (#37068457)
???

The local drug dealers don't trade w/ crypto.