An announcement on Worldcoin’s website about paying employees in cryptocurrency is blocked in the US.
Where do we start with Sam Altman’s Worldcoin? The OpenAI CEO’s startup is building a new cryptocurrency. Worldcoin is also part of Altman’s disquieting plan to capture all of the world’s money with AI and then “redistribute this wealth to the people.” . And, because you log in by scanning your eyeball, Worldcoin is simultaneously trying to become the internet’s default identity verification system.
is a “stablecoin” with a consistent price that’s more or less tied to the US dollar, as the name suggests. Stablecoins are supposed to encourage people to participate in the joys of the blockchain without the risk of losing money through other notoriously volatile cryptocurrencies, such as Bitcoin. Over the weekend, Worldcoin published an announcement on its blog titled “An update: Circulating supply evolution and renewal of market maker loan agreements.
”during a transitional phase after launch.” Now, that transitional phase is ending, and soon “Worldcoin Operators will instead receive rewards” in the form of Worldcoin. Rewards are a funny way to describe paychecks, but hey, what do I know? It goes on to say, in italics, that Worldcoin “tokens are not available to people or companies who are residents of, or are located, incorporated or have a registered agent in, the United States or certain other restricted territories.
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