• Spain has moved to block Sam Altman’s cryptocurrency project Worldcoin, the latest blow to a venture that has raised controversy in multiple countries by collecting customers’ personal data using an eyeball-scanning “orb.”
  • Worldcoin has registered 4 million users, according to a person with knowledge of the matter. Investors poured roughly $250 million into the company, including venture capital groups Andreessen Horowitz and Khosla Ventures, internet entrepreneur Reid Hoffman and, prior to the collapse of his FTX empire, Sam Bankman-Fried.
  • “I want to send a message to young people. I understand that it can be very tempting to get €70 or €80 that sorts you out for the weekend,” España Martí said, but “giving away personal data in exchange for these derisory amounts of money is a short, medium and long-term risk.”
  • Sharing such biometric data, she said, opened people up to a variety of risks ranging from identity fraud to breaches of health privacy and discrimination.
  • chicken@lemmy.dbzer0.com
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    8 months ago

    I thought the orbs were supposedly open source and not actually transmitting/collecting any biometric data, just using it to create unique ids? But these quotes and articles seem to be taking it as a given that the scans are in fact collected. It feels like a really crucial part of this story is completely missing here; if there’s some evidence that they are in fact collecting the data despite claiming not to, that should be worth mentioning. It would also be something to mention if there is no such evidence and the Spanish regulators here are implying risks that aren’t actually there, but expect it to be a popular move regardless because the public generally hates cryptocurrency, AI, and Sam Altman.

    I’m also wondering how they feel about all the various phones and other devices that use fingerprint and face scans for authentication, public facing cameras transmitting to the cloud that can have face or gait recognition algorithms attached, the scanning done in airports, etc. There’s a bunch of reasons to dislike WorldCoin but this seems maybe not well thought out.