π Kenya Hits Pause π on Worldcoin Eye Scans: Security, Privacy, or Cash Flow Concerns? π²
TL;DR;: Kenya, once a major hub for Worldcoin’s eyeball-scanning cryptocurrency initiative, has abruptly halted all operations due to concerns about security, financial integrity, and personal data protection. But why now, when it was among the first to welcome them? π€¨
Kenya jumped on the Worldcoin bandwagon early, embracing the futuristic concept of a “human identity and financial network” built on eyeball scans. π³ But now? Kenya’s throwing shade. The Ministry of the Interior waved the red flag, suspending Worldcoin’s activities in the nation. The issues? Well, they’re pretty much everything from security to how data is used. But the big question here is… why the sudden cold feet? π₯Ά
Remember the “Orb”? No, not that shiny thing from wizard stories. It’s Worldcoinβs mirrored iris scanner, which, until very recently, could be found across numerous venues in Kenya. But after a massive turnout, these Orbs were centralized at the Kenyatta International Convention Centre (KICC) in Nairobi. With thousands flocking to get their scan, and essentially their piece of the “free money” pie, itβs no wonder the government went, “Whoa there! Hold up! What’s going on?” π§
Kithure Kindiki, Kenyaβs go-to guy for interior matters, pointed out that a deep dive into Worldcoin’s modus operandi is underway. Theyβre keen on understanding everything, from the type of data being collected to its intended use. And given the number of people seen lining up at KICC, ready to swap their eyeball data for crypto, can we really blame them? π€
Speaking of Worldcoin, their goal is pretty sci-fi: A “proof-of-personhood” network. Scan your eye, get verified as a human (not an alien, apparently π½), and in return, theyβd toss some free crypto tokens your way. Seems easy, right? Well, with Worldcoin tokens becoming a part of Kenya’s financial fabric, the government is trying to figure out where these tokens stand, especially in the shadowy realm of unregulated markets. π
This whole shebang makes us wonder: Didnβt Kenya see this coming? They were among the early adopters, even piloting the registration in 2021. Yet, here we are, with the government now scrutinizing Worldcoin’s operations like they’re reading the fine print of a shady contract. π§
Beyond Kenya, however, Worldcoin’s been facing some heat. Allegations of deceptive marketing practices and data mishandling surfaced from an MIT Review investigation last year. And with Worldcoin now active in 35 cities, roping in millions of users, the global concern is growing.
So here’s the tea β: Is Kenyaβs suspension a concern for public safety and financial integrity? Or is it a classic case of FOMO, then JOMO (Joy of Missing Out) in the volatile world of crypto? π
Worldcoin might be scanning eyes for crypto, but Kenyaβs certainly scanning Worldcoin.
So, dear reader, what do you think? π Did Kenya make the right move, or should they have seen this coming from a mile away? π€·ββοΈ