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Cryptocurrency News Articles

World = humanity's biggest asymmetric bet (or: Why I'm aping pump.fun-style poopcoins on Worldchain)

Jan 17, 2025 at 02:10 pm

Verifying identity through eye-scanning technology to provide universal basic income (UBI) for global users.

World = humanity's biggest asymmetric bet (or: Why I'm aping pump.fun-style poopcoins on Worldchain)

Verifying identity through eye-scanning technology to provide universal basic income (UBI) for global users. Users can acquire WLD tokens through the app and participate in mini-apps like Poop and Uno for trading and investing. Despite the complex market models and risks faced by this ecosystem, if successful, it could become a new giant in the crypto industry.

The meme coin ecosystem is rapidly growing, with users earning tokens by downloading mini-apps and having opportunities to invest. Although the economic model of WLD is complex, if successful, Worldcoin has the potential to become an important platform that changes the landscape of the crypto industry.

The following is the original content (reorganized for readability):

That eye-scanning orb makes me uncomfortable. It unsettles me, but that doesn’t matter, dear. Deep down inside------that rational part of me, like a crocodile's eye------sees Worldchain and its ever-expanding applications and memes, considering it the biggest asymmetric bet in investing (and you don’t need to scan your eye to participate).

Here’s my "stupid" bullish argument (and why I’m buying WLD and pump.fun-style memes like "IRON SAM" to join this ecosystem).

According to Sam Altman's recent blog post, OpenAI has unlocked "Artificial General Intelligence" (AGI). By 2025, AI will enter the workplace in a serious way, becoming intelligent agents.

Employers can hire troubled, complex humans (spending thousands of dollars a month) or pay a small fee to deploy an agent------an agent without emotional issues or health insurance. Clearly, employers will choose which option.

Global hiring for knowledge workers is stagnating, and a survival crisis is emerging (both psychologically and financially). Knowledge work is disappearing, and the economy is fracturing. Crows are cawing. Once high-paying, ambitious elite groups are turning from assets to burdens on society.

Meanwhile, OpenAI continues to push for "superintelligence" (intelligence smarter than the collective wisdom of all humans on Earth). Each release brings more economic blows… even as technological breakthroughs accelerate.

The economy is turning to ruins and ashes. A harsh scrutiny. Governments are forced to provide monthly allowances for their bankrupt citizens (i.e., "universal basic income" (UBI)). Unfortunately, most governments are heavily in debt. Stimulus measures can only be maintained through printing money. Hyperinflation is imminent.

In the face of runaway high inflation, humanity needs a backup… and that's when Worldcoin (WLD) comes into play------a token on the blockchain co-founded by Sam Altman six years ago! What’s its unique selling point? Free money, folks!!! Money that won’t hyperinflate. You just need to stare at this powerful eye-scanning orb, prove your account is human-generated, and then we’ll transfer value to you monthly.

Humans around the world log into the World app each month to collect their allowances ("Wake up, wake up, wake up, wake up, wake up------it’s the beginning of the month"). Then, they are busy pondering the meaning of life in a post-work era.

Random Thoughts on the Above Ideas (and the Future of World)

That future is clearly hypothetical, and perhaps this outcome is unlikely, but some elements of it seem inevitable.

The cryptocurrency Twitter community criticizes Worldcoin as a "low circulation, high market cap venture capital" coin, while ignoring the fact that UBI must come from somewhere. ("Extra circulation will provide you with cricket protein in the dust storm of 2028, my child!")

According to public comments, Altman seems very involved in the Worldcoin ecosystem. This makes me believe that Worldchain will be the first blockchain-based home for ChatGPT's intelligent agents. In other words, World may become the financial infrastructure for AGI and superintelligence. It could be a bridge between humans and machines.

The user base of Worldcoin is vastly different from other cryptocurrency projects. The eye-scanning orb has not yet appeared in the U.S., so the initial 22 million users of the chain are distributed in other countries. Many users = unbanked individuals (the very people that crypto OGs originally wanted to reach!).

You can think of World as its own human-centered internet. Perhaps the current web will be flooded by intelligent agents, but World could become a "carbon-based internet" designed specifically for humans.

We have entered the "exponential age." Technological advancements lead to more advancements until the speed of change becomes bewildering. Rapid change means you will feel averse to change. In other words: everyone will regularly experience psychological discomfort as we move forward.

Technology doesn’t care whether we can cope, and World’s eye-scanning orb is just one of these uncomfortable changes. Maybe it makes you feel nauseous (making you want to curl up), but over 10 million others seem not to care. I think

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