Worldcoin is yet another flavor of Cryptocurrency
It is being marketed with a bent on futurism, privacy and identity with the intention of tying wallets to retinal scans or something similar. Which kindof defeats the point of Cryptocurrency being anonymous.
Like all cryptocurrencies it’s get rich quick scam
Early adopters have a chance of making decent payouts as the value of the coin gets inflated due to hype, leaving late adopters with nothing of value.
Cryptocurrencies are a great reminder of why banking laws exist. Many of the tools used to pump and create value in crypto have been illegal in financial markets for over a century for a reason.
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