Worldcoin — 12 reasons why it may become the most important blockchain protocol

Описание: Sam Altman's Worldcoin is a project sitting at the AI Crypto intersection that could become the biggest cryptocurrency in the world. It can surpass even the current largest coin (Bitcoin) in importance and reach.

The reason is that Worldcoin's main service (World ID) can fix 3 of the biggest problems of the emerging AI society: human-impersonating AI bots, massive job destruction, and the issue of how to govern AGI when it is achieved.

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The proof of personhood identifiers (World IDs) that Worldcoin is giving to people after they verify their humanness and uniqueness at an Orb offer a solution for those 3 problems.

Human-impersonating AI bots can be stopped wrecking havoc if humans have an unforgeable proof of being a real human that they can use when they post on social media, send an email, or make a call to prove to other humans that they are not a bot.

Then there's the job destruction that will be caused by the AGI-Robotic Industrial complex. This complex is capable of replacing the majority of white collar but also blue collar jobs thanks to the confluence of advanced artificial intelligence and advanced robotics. But this is not a problem. The wealth will still exist even if the jobs die (actually, more wealth will be produced than ever thanks to the increase in productivity and knowledge the complex will bring). So the question is how to distribute all that excess wealth among the humans if not via a salary? UBI (Universal Basic Income) is the only viable way and Worldcoin is creating the rails for distributing that wealth. The blockchain is the perfect mechanism that can reach every human on earth in a borderless way and the proof of humanness that the World ID provide will ensure that every human gets their share but that nobody gets more than one piece of the pie. No one can create fake accounts to get more than one share of UBI because World ID's biometric proof of personhood proves humanness but also uniqueness.

Finally, there's the problem of governance. AGI is the most powerful technology that humans will ever create. And when it is achieved, a means to make all humans participate in governing them must be found. The blockchain offers a tamper-proof, borderless, worldwide way to exert democratic control via one-human-one-vote. Once again, the World ID's proof of humanness will allow a fair one-human-one-vote process. Because every human will get one vote and no human will get more than one thanks to the robustness of this technology.

Despite all this potential, it's become fashionable in crypto circles to hate on Worldcoin because it uses biometrics to achieve these proofs of humanness. But when you stop to carefully study the documentation, you realize that, as Vitalik Buterin recently said, Worldcoin is privacy preserving. Actually, using a World ID is even more privacy preserving than using a crypto wallet. Crypto wallets are pseudonymous but World IDs are fully anonymous.

The Worldcoin protocol for proof of personhood also scores very high on other aspects like open sourcing, decentralization, and permissionlessness. This makes the Worldcoin protocol a crypto project well on the way to becoming a fully decentralized public good protocol.

Worldcoin is one of the most necessary projects at the intersection of artificial intelligence, blockchain and web3.

Bitcoin was the financial killer application of crypto (digital gold) and now Worldcoin could become the non-financial killer application (proof of personhood).



TIMESTAMPS

0:00 INTRO
3:01 The 4 components of Worldcoin
4:31 1 - Worldcoin fixes AI
7:28 2 - Inevitability
8:37 3 - Lesser Evil
11:17 4 - Public-Good Protocol
17:15 5 - Vitalik's Support
19:53 6 - Hardware Edge
22:07 7 - The Sam Altman Factor
26:24 8 - The 'A Team'
27:34 9 - Top Funding
28:54 10 - Normies don't care about privacy
31:01 11 - Free Money
32:21 12 - Worldcoin Fixes Crypto
35:42 OUTRO



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