Scam Economy

Bitcoin, the Blockchain, Web3, NFTs...welcome to the Scam Economy. Host Matt Binder (The Majority Report w/ Sam Seder, DOOMED) dives into the world of cryptocurrency in order to reveal the frauds, grifts, and scams. And there's plenty because, really, the whole thing is a scam. It's the Scam Economy.

https://podcasts.bcast.fm/scam-economy

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51: Worldcoin Wants to Scan Your Eyeballs & Give You Crypto in Return: What Could Go Wrong? (w/ Leo Schwartz)


Leo Schwartz, reporter at Fortune, joins Scam Economy with Matt Binder to discuss Worldcoin, the project that wants to scan the eyeballs of everyone in the world and give them cryptocurrency in return. Why do they want your biometric data? To create an identity network to prove you're a real human, of course! Who is behind Worldcoin? OpenAI CEO Sam Altman. Leo and Matt discuss the details of the project, how one Altman project supposedly creates the problem that the other claims to solve, the snag the project hit regarding its cryptocurrency, and much more! Support the show: http://www.patreon.com/mattbinder Visit http://www.ScamEconomy.com Check out Leo's piece on Worldcoin: https://fortune.com/crypto/2023/03/21/sam-altman-orb-scan-eyeballs-ai-bot-worldcoin/ Other sources: https://web3isgoinggreat.com/?id=sam-altmans-worldcoin-project-incentivizes-a-black-market-for-biometric-data-taken-from-people-in-developing-nations


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 May 24, 2023  56m