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Sam Altman's Secret Weapon: Can Worldcoin Disrupt Traditional Finance?
On July 24th, OpenAI founder Sam Altman and CEO Alex Blania jointly launched the cryptocurrency project Worldcoin and its token WLD. This is not just a simple funding effort or merger; it’s a global experiment to reconstruct identity and financial networks.
What’s the core idea?
Worldcoin combines a privacy-preserving digital identity with the WLD digital currency. In simple terms, it aims to give every person worldwide a digital identity along with a new financial system.
In their public letter, the founders openly admit: this is an attempt at global coordination, filled with uncertainties and challenges ahead. However, they believe that finding new ways to distribute wealth in the AI era is one of the most pressing challenges today.
What are their ambitions?
UBI economics — Universal Basic Income. In other words, Worldcoin wants to ensure that ordinary people can share in the benefits of AI’s explosive productivity. It’s about moving away from AI wealth creation being limited to a few giants, toward a broader value distribution mechanism.
Can it succeed?
Honestly, no one knows. But Sam Altman’s willingness to stake OpenAI’s reputation on this project says a lot. Whether this project can realize its vision will directly impact the wealth landscape of the next decade.
It’s definitely worth watching.