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Enrique Dans for dummies

Why are some people so afraid of innovation?

20 Oct 2024

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Summary The text explores the Worldcoin project, a cryptocurrency initiative that aims to provide a unique digital identity for every human being. The project utilizes iris scans to generate unique identifiers, aiming to combat bot activity and fraud online. While the project emphasizes privacy and security, it has faced resistance from various individuals and authorities due to concerns about data privacy and potential misuse of biometric information. The author, Enrique Dans, argues that the project's potential benefits outweigh the perceived risks, and he criticizes the lack of understanding and overblown fear surrounding the technology. He also discusses the concept of a Universal Basic Income (UBI), which Worldcoin proponents believe could be implemented more effectively with the project's identity system. The comments section of the article provides a diverse range of perspectives, with some expressing skepticism about the project's intentions and others emphasizing the potential benefits of a secure digital identity. This article is also available in English on my Medium page, «Why are some people so afraid of innovation?»

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