00:00 Speaker A
Worldcoin launches World Money super app with stable coins, stripe integration and boosted rewards.
00:06 Speaker A
You’ll remember that this is a darling of a couple years ago, sort of because it was very controversial, but Sam Altman’s Worldcoin is the one that scanned your Iris and gave you free tokens for doing it so it could prove that you were human.
00:19 Speaker A
Now, he obviously has some in inside baseball on the power of AI at the time and realized, which is very valid that being able to prove that you’re human will be very, very important moving into the future.
00:30 Speaker A
Now, the crypto people who are for privacy and or libertarian said, you’re not scanning my eyeball, dude, are you nuts?
00:36 Speaker A
And then they open their iPhones like this.
00:39 Speaker A
By the way, in case you’re wondering, and looked into their cameras while using Google on their laptop.
00:44 Speaker A
So, yeah, probably nonsense anyways.
00:47 Speaker A
But Worldcoin, really a smart idea here to launch World Money, whether you use it or not is up to you, but it’s going to be in 150 countries.
00:54 Speaker A
a self-custody app that combines stable coin balances, payments, trading, investing, yield, another example of the everything app here integrated with Stripe and Bridge and Kalshi and others.
01:05 Speaker A
But what’s interesting is that their novel approach is taking their proof of human verification that you are who you say you are and integrating that with the other full suite of financial services that can be powered by crypto.
01:21 Speaker A
So I’m not saying that I want to do this with Open AI and Sam Alpin.
01:24 Speaker A
I’m not going to be scanning my eyeball anytime soon, but I can understand why they would build this out and it’s a valid competitor in a world where AI becomes more dangerous and more powerful.