Why the Bitcoin and Crypto Communities Are So Skeptical of WorldCoin

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This episode is sponsored by NYDIG.

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Today’s episode is nominally about WorldCoin. The undertaking launched this week with ambitions to airdrop a brand new cryptocurrency on everybody in the world. To accomplish that, it’s utilizing biometric eye scanning to determine individuals and the complete cryptosphere – bitcoiners, ethereans and past – are type of not having it. NLW provides the context and background of Silicon Valley’s historical past with bitcoin and crypto with a purpose to assist clarify the response to WorldCoin.

Featuring Dan Held “Why Silicon Valley Doesn’t Get Bitcoin.”

See additionally: Worldcoin, Now Valued at $1B, Has Grand Plans to Get You to Gaze Into the Orb

“The Breakdown” is written, produced by and options NLW, with enhancing by Rob Mitchell and extra manufacturing help by Eleanor Pahl. Adam B. Levine is our govt producer and our theme music is “Countdown” by Neon Beach. The music you heard at the moment behind our sponsor is “Tidal Wave” by BRASKO. Image credit score: Klaus Vedfelt/DigitalVision/Getty Images, modified by CoinDesk.