Is Sam Altman's Worldcoin the End of People’s Privacy?

World App has just launched. What is it about? Plus, a conversation with Worldcoin cofounder Alex Blania

Worldcoin Launches Native Crypto Wallet

Worldcoin envisions that its wallet will evolve into a toolkit for users in the Age of AI.

Read more about it here or watch the video below ⬇️

Interview With Cofounder Alex Blania

Amid the growing interest in Worldcoin, skeptics are voicing concerns about the project's validity. In this Premium interview, Worldcoin cofounder Alex Blania addresses some of the most pressing criticisms about the project, including privacy, adoption strategy, and gas fee subsidies.

This article provides a sneak peek into the conversation, but if you want to get the full scoop, subscribe and access the complete interview.

Worldcoin's Stance on Privacy: Fact or Fiction?

While Worldcoin claims to prioritize privacy, some are skeptical about how effectively it can do so. Alex explained that the project employs zero-knowledge proofs to ensure users remain anonymous when interacting with various services. But can users genuinely trust this method? Alex explained that even though users have a World ID, they "stay fully synonymous" when using the app. 

Addressing Criticisms

Critics have questioned Worldcoin's use of biometric data, particularly eye scans. Alex defended the choice, claiming that eye scans are the most secure and privacy-preserving method. However, questions still linger about the potential misuse of biometric data. "We use the eye as the biometric identifier because it is the most secure and privacy-preserving method," he assured.

Adoption Strategy

Worldcoin has targeted specific markets like Lisbon, Nairobi, Argentina, and Bangalore for its initial adoption. Alex shared the reasons for choosing these countries, but is this strategy sound, or is it simply designed to generate publicity? Why are they targeting mostly third-world countries?

Gas Fee Subsidies

As the Worldcoin Foundation works to grow its user base, it has taken on the responsibility of subsidizing gas fees for verified users. Alex revealed that the foundation's ability to prevent sybil attacks allows for this type of financial support. "World ID is kind of the foundational solution to sybil attacks, so it's easy for us to subsidize gas," he said.

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The full conversation between Laura and Alex provides a more in-depth look at the controversial Worldcoin project.

If you're curious about the project or skeptical of its claims, subscribe and access the complete interview to hear the whole story and form your own opinion.

If you are already a premium subscriber, you’ll find the link below ⬇️