Worldcoin: Sam Altman’s Crypto Tool for Technocracy? (unlimitedhangout.com)

Posted on Jun 27, 2024

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Overview & Context

This June 27, 2024 investigative report by Stavroula Pabst explores Worldcoin, Sam Altman’s biometric-driven crypto project, as a potential gateway for a gov‑corp technocracy, merging digital identity, finance, and surveillance into centralized global systems.

🔎 Key Points

  • World ID & Iris Scans: Uses Orb devices to scan irises and issue a globally valid proof of personhood digital ID, raising serious privacy and exclusion.
  • Financial Integration: Bundles biometric ID with Worldcoin cryptocurrency, creating a pipeline from identity verification to digital financial infrastructure—a step toward CBDC-like control.
  • Digital Divide & Exclusion: People without smartphones or internet access risk being left out, while marginalized communities may be coerced into biometric scanning for crypto rewards.

🌐 Broader Implications

  • Governance & Surveillance: Embeds state-like surveillance under private corporate control, posing profound risks to democratic oversight and individual liberty.
  • Acts as a building block for a biometric monetary identity regime, enabling programmable finance, population tracking, and centralized power dynamics.
  • Marks a pivotal case of how Silicon Valley and crypto elites are laying infrastructural foundations for a technocratic governance model.

📚 Citation

Pabst, S. (2024, June 27). Worldcoin: Sam Altman’s Crypto Tool for Technocracy? Unlimited Hangout. Retrieved from https://unlimitedhangout.com/2024/06/investigative-reports/worldcoin-sam-altmans-crypto-tool-for-technocracy/
Summary generated by ChatGPT (GPT‑4).