https://restofworld.org/2023/worldcoin-kenya-suspended-scammers-cash-in/
"For the hundreds of thousands who signed up for Worldcoin in Kenya, the Sam
Altman-backed global blockchain project couldn’t have come at a better time.
With the country in the throes of an inflation crisis, Worldcoin made a big
splash, signing up an estimated 350,000 people before the government stopped
the project’s rollout over data protection concerns on August 2. The biggest
attraction for many Kenyans who had their eyeballs scanned was the free sign-up
bonus of 25 Worldcoin tokens, currently worth around 6,988 Kenyan shillings
($48.75).
But once the coins were in their accounts, getting the money proved harder than
they expected. The Worldcoin app offers no direct cash withdrawal option,
unlike the mobile money apps used by 96% of Kenyan households. Within days of
the launch, Worldcoin was forced to suspend the registration of new users in
Kenya as the government launched an investigation into its compliance with data
protection laws. To get their cash, Kenyans had to sell their coins through
cryptocurrency exchanges like Binance, or find a buyer in Kenya’s informal
crypto economy."
Via
Future Crunch:
<
https://futurecrunch.com/good-news-school-meals-transit-us-ecuador-conservation/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
