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Kenya suspends crypto project Worldcoin over safety concernswww.reuters.com/world/africa/kenyan-government-suspends-activities-worldcoin-country-2023-08-02/
2506 sats \ 14 comments \ @beorange 2 Aug 2023 tech
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112 sats \ 7 replies \ @brianh 2 Aug 2023
Since its launch, people around the world including in Kenya, Germany, Spain and France have been flocking to registration sites to get their eyes scanned by a shiny spherical "orb".
Holy shit lol this feels like the premise of a cyberpunk story
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56 sats \ 0 replies \ @runningbitcorn 2 Aug 2023
More like cyberbunk.
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46 sats \ 0 replies \ @SimpleStacker 2 Aug 2023
We live in a cyberpunk story
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0 sats \ 4 replies \ @jgbtc 2 Aug 2023
Yeah that stood out to me as well. I'm sensing some misinformation from Reuters on that one. Who is flocking to this exactly?
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10 sats \ 2 replies \ @eduardopro 3 Aug 2023
Sadly, that part of the story seems to be true.
This is Kenya --> https://twitter.com/noelynesumba/status/1686025971428696069
And I don't know where this is, but sad either way --> https://twitter.com/sama/status/1684297687708098565
That Sam Altman guy is the devil incarnate.
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0 sats \ 1 reply \ @jgbtc 3 Aug 2023
Wow that's insane, and depressing.
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0 sats \ 0 replies \ @eduardopro 3 Aug 2023
Yeah.
Maybe the reason is ChatGTP's success? Now people think that Sam Altman guy is some kind of genius instead of the monster he's proving himself to be.
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0 sats \ 0 replies \ @brianh 2 Aug 2023
My guess is that it's people who need the funds
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105 sats \ 0 replies \ @nightsofbitcoin 2 Aug 2023
Who didn’t SEE this coming?
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79 sats \ 0 replies \ @sudonaka 2 Aug 2023
How long until their database is hacked
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100 sats \ 2 replies \ @gunson 3 Aug 2023
Cracking down because it's competition to the government: https://www.biometricupdate.com/202308/kenya-targets-feb-2024-for-new-digital-id-rollout-sign-up-optional
"The Kenyan government says it plans to register all citizens for a new digital ID program by the end of this year, and the new digital ID cards will be issued from at least February 2024."
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126 sats \ 0 replies \ @KenyaCoin 8 Aug 2023
Also, this had the potential of onboarding quite a few people to digital currency -- and that usage displaces mPesa usage. Safaricom is partially owned by the government, so a non-regulated alternative to m-Pesa not only reduces government control over payments (and visibility to KRA of payment flows), lower m-Pesa usage also lessens the government's revenues.
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0 sats \ 0 replies \ @KenyaCoin 8 Aug 2023
💯
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0 sats \ 0 replies \ @pj 2 Aug 2023
I guess it didn’t pass the eye test.
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