The "Game Changer" of $WLD: Why the Iris as a key to access would save the token? ๐๏ธ๐
There is a phenomenon in Colombia (and in many countries around the world) that the market is not seeing: thousands of Worldcoin accounts were created by vulnerable people in exchange for a few dollars, ending up in the hands of third parties who manage dozens of identities.
But here comes the interesting part if Worldcoin evolves its security:
Elimination of "Farms" of Accounts: If iris scanning becomes the only recurring access key, the administrators of these accounts would lose control immediately. They do not have the holder (the iris) at hand for every transaction. This would cause a massive token lock-up, reducing the circulating supply and organically curbing inflation. A de facto token burn! ๐ฅ
Solution for the Real User: Currently, recovering an account on a new device is a technical headache that has left many legitimate users locked out. If the iris were the universal key, you could open your account on any phone instantly and securely. ๐ฒโ
Massive Global Effect: This is not an exclusive practice in Colombia. If this security adjustment is applied globally, the impact on the supply would be gigantic. We would move from an ecosystem full of "ghost" accounts to one of real users with guaranteed access.
Conclusion: Mandatory biometric security not only cleans up the ecosystem of mafias and "scammers", but also returns power to the real user and acts as a massive deflationary shock for the price of $WLD
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Is biometrics the missing piece for Worldcoin to explode its real value?