I watched a Bankless pod with Alex Blania and Sam Altman.

In a summary, they want to "Produce humanness, who is a true human."

Why? They believe proving you are a human, like "I created this content", "I endorse this content" will be very important.

Notes below:

1. They want the largest monetary + identity network

2. They feel they really need to have sybil resistance

3. They looked to 3 ways to do it: KYC, Web of Trust, Biometrics

4. They realized KYC and WoT are infeasible

5. Faces and fingerprints are not unique enough

6. Scan Iris

7. The orb's output is a signature of the scanned Iris code

8. They believe the world is changing and Worldcoin *has to happen*

9. And orldcoin is one way to make it "privacy-preserving, open source and decentralized" (sic)

10. World App is non-custodial wallet which proves inclusion of your worldID in a set of users

11. it's all meant to be open source

12. proof of personhood is supposed to be a foundation for identity and verified credentials

13. They have 210 devices, 2 mln irises scanned

14. They believe that "if you understand the engineering, all the concerns are not grounded"

15. They don't collect KYC; if you onramp into shitcoins (it's an ETH token), these onramps would.

My take is that it's a 3-legged solution consisting of:

- KYC-less DB with biometrics to prove personhood

- a shitcoin, affiliate tactics and ETH L2

- a wallet and ID app to log in on the web and physical space. Kinda like npub, but sybil resistant.

🚩s:

- "privacy-preserving" usually means deceipt and betrayal

- shitoken on shitcoin

- talk of sybil resistance being so utterly required. For whom? gov't and law enforcement?

Ok, now you can roast me