The right path to what, exactly? Is there any remotely plausible sequence of events where this evolves into a positive contribution to the world rather than a way for a couple billionaires to role-play as, well, whatever they are role-playing here?
In a way that, like, say passports, have never done?
Here's my US passport, a drivers license, a picture of my home, some tax records, and you can verify all of this beyond a reasonable doubt via the various credit reporting agencies. Now hand my my $100k please. Oh BTW I don't actually have any money in the bank and I have no income and etc so you're never going to see me again and good luck collecting anything.
Will probably end up with some people holding most of the value anyway, but at least you start equally.
Now what?
Yelstin gave every Russian citizen a certificate worth 10,000 rubbles to buy shares in state owned enterprises that were being privatized.
Those with ready cash bought the certificates from those without, and this led to the current oligopoly.
Yes, exactly. It's an entirely pointless exercise because it doesn't take place in a vacuum. A "great reset" is pointless regardless of your particular aims because the world is the way it is for a reason.
Worldcoin's vision is a positive contribution to my life and many people i know who also enjoy playing around in the crypto space. People are adults, let them be adults and make their own decisions. & stop bashing the crypto-autists like me who enjoy playing in the cryptoverse, for the only reason that it's wierd and different.
I work in security (at a crypto/web3 company!) and the opposite line of thought prevails in the field, most security experts argue that biometric data is fundamentally insecure especially for auth. A quick google search shows a lot of research backing that, from universities to major tech companies.
>Using ZK-Snarks with biodata allows you to verify, profit and protect your data. Instead of handing it to some entity to do god knows with.
How is this going to happen exactly? The requesting entity, like a doctor, asks for medical history. I use my retina to verify, and thanks to ZK-Snarks they have no knowledge of my retina data. How are they going to get the blood pressure readings? They need the data to analyze and understand. And what stops them from saving it in their own DB?
Similar with many of these web3 products. Think, uniswap or defisaver. Ok you can use ZK to auth, they have no idea what wallet address is connected. But as soon as you use it they know exactly who and what you transferred and traded, all stored in a DB.
Eventually. If perfected. "Will."
At least Bitcoin has pseudonymity.