83. ChatGPT Founder Launches Own Cryptocurrency, WorldCoin. Why You Should Steer Clear.

Founder of ChatGPT Sam Altman has launched his own cryptocurrency, Worldcoin. It's perhaps the most controversial crypto launch we've ever seen. We cover why Worldcoin is so controversial, plus why I'm not touching this with a ten-foot pole. Worldcoin explained: Worldcoin is creating a system where humans can prove they’re human. It does this using biometric data, where Orbs scan people’s irises to verify their humanity. This data is encrypted inside a Worldcoin ID and its native WLD token is distributed to those who scan. The end goal is a network of digital IDs embedded into Worldcoin's network of financial products, services and, ultimately, a Universal Basic Income (UBI). 🔔 Enjoyed the episode? Hit SUBSCRIBE and turn on notifications for more! 📧 Join the Collective Shift newsletter for weekly crypto insights: https://collectiveshift.io/newsletter/ 💻 If you are a busy professional and want to take the uncertainty out of your crypto investment journey with expert insights powered by world-class research from a team with a track record, you can book a complimentary 1:1 strategy call with Collective Shift: ⁠⁠⁠⁠⁠⁠⁠⁠https://collectiveshift.io/strategy⁠⁠⁠⁠⁠⁠⁠ 📺 YouTube: https://www.youtube.com/@benandbergs 🎙 Podcast Links: Apple Podcasts: https://podcasts.apple.com/us/podcast/ben-bergs-%7C-crypto-business-sports/id1629581403 Spotify: https://open.spotify.com/show/5xir3V8fvtmHTAQy2D9dQd 👉 Connect with us: Twitter Ben & Bergs: https://twitter.com/benandbergs Ben: https://twitter.com/bensimpsonau Bergs: https://twitter.com/BabyBackBerg Linkedin Ben: https://www.linkedin.com/in/bensimpsonau/ Bergs: https://www.linkedin.com/in/aberghuber/ ——— Disclaimer: We are not Financial Advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this video are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers' specific circumstances. Collective Shift and its individual team members are not liable to the viewer or any other party for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.