When Worldcoin fails, it will make FTX and MtGox look like a tiny blip on the radar.

Reply to this note

Please Login to reply.

Discussion

Can’t wait 🍿

I don't think enough people will be stupid enough. FTX was major, the biggest teachers pension in Canada was lost in it.

Compare that to the life savings of a billion or more people in the developing world, assuming this thing gets enough traction.

I don't see how it can, it's not even a coin

It’s not?

Doubtful…and much of the developing world remembers One Coin

https://www.bbc.co.uk/programmes/p07nkd84/episodes/downloads

You know as well as anyone that people have short memories.

True enough but I just don’t see the orb gaining traction. I really, really don’t.

Presently (at least, and let’s hope it stays that way) there is no mass formation psychosis in place to push entanglement with Worldcoin at a rapid enough pace at global scale.

I hope I’m wrong.

Indeed handshake 🤝 We don’t need to be right about everything lol.

No, it's a Token, on the blockchain optimism, which would be the Coin. A coin is a network, a token resides on a network.

When I was Into crypto trading, I avoided tokens, and focused more on coins.

You can sort it on coinmarketcap

Tokens or coins the prefix is the same đź’©

The Ontario Teachers Pension is massive. FTX only cost them like 0.05% of their total portfolio.

Why does Sam Altman look like he missed soul day during "gestation" in the lab he was cooked in?

The final rug

>implying worldcoin will get that big

but if it did, it’s pretty simple, i don’t think there’s any mechanism for it to fail spectacularly

The mere success of worldcoin would already be the biggest failure we've seen

Haha, so true.

I don't think it'll get big enough, people are learning.