BlackEco@lemmy.blackeco.com to World News@lemmy.worldEnglish · 1 year agoWhy are people lining up for Worldcoin eyeball scans? “Easy $50”restofworld.orgexternal-linkmessage-square13fedilinkarrow-up132arrow-down11file-textcross-posted to: [email protected][email protected][email protected]
arrow-up131arrow-down1external-linkWhy are people lining up for Worldcoin eyeball scans? “Easy $50”restofworld.orgBlackEco@lemmy.blackeco.com to World News@lemmy.worldEnglish · 1 year agomessage-square13fedilinkfile-textcross-posted to: [email protected][email protected][email protected]
People are lured by easy money, without understanding the privacy implications of signing up for the block chain.
minus-squarehh93@lemm.eelinkfedilinkEnglisharrow-up2·1 year agoYeah - if everyone gets 50$ and only half of them cash out then it’s not possible to have enough demand to not make this thing fall into oblivion. I really wonder how they plan to keep the value up once it has settled?
minus-squareDeestan@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoThis thing doesn’t need to hold up a second longer than the time the founders need to sell most of their premined tokens. They likely can and will keep it going for a bit longer via money coming in from new investors.
minus-squareDeestan@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoYeah but with enough technobabble to slow down litigation until the money are squirreled away.
minus-squarehh93@lemm.eelinkfedilinkEnglisharrow-up1·1 year agoThe marketing cost seems to be insane though And developing such a high quality scanner also isnt cheap I feel like that current 2$ pricepoint can’t be the endgame the investors had in mind I don’t see how it’s going to rise further though
Yeah - if everyone gets 50$ and only half of them cash out then it’s not possible to have enough demand to not make this thing fall into oblivion.
I really wonder how they plan to keep the value up once it has settled?
This thing doesn’t need to hold up a second longer than the time the founders need to sell most of their premined tokens.
They likely can and will keep it going for a bit longer via money coming in from new investors.
Some kind of Ponzeye scheme?
Yeah but with enough technobabble to slow down litigation until the money are squirreled away.
Alright, I see what you did there
The marketing cost seems to be insane though
And developing such a high quality scanner also isnt cheap
I feel like that current 2$ pricepoint can’t be the endgame the investors had in mind
I don’t see how it’s going to rise further though