There’s a saying in the media and technology industry: if you’re not paying for the product, you are the product. Well, this decades-old proverb has found yet another case study, in the form of new cryptocurrency Worldcoin, which the globe’s population can claim for ‘free’ by having their eyeballs scanned (in order to prove they’re human and haven’t signed up already).
The company behind Worldcoin, Tools for Humanity , have so far presented the currency as a means of combating inequality and financial exclusion. It will become crypto’s equivalent of a universal basic income, or so they say, delivered unconditionally […]
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