By Jim Hᴏft - Leo Hohmann - Jul. 21, 2023

This is no longer talked about in futuristic terms; it’s a current reality that will soon be forced on all of humanity.

I’ve been saying for nearly three years now that the beast system is based on the world’s people accepting two technological components offered up by the Luciferian globalist elites: A globally recognized digital ID to replace the cards in your wallet and a globally recognized digital money to replace the cash in your wallet. The two together will comprise the foundation of the punitive global beast system.

The CEO of Worldcoin has warned that a global digital ID system will be ushered in for citizens around the world whether they “like it or not.”

Worldcoin has developed a system that it pitches as “the world’s largest identity and financial public network.”

Essentially, the company has created a database that links digital cash, or Central Bank Digital Currencies (CBDCs), with a digital identity system.

The company has created its own form of digital money called the Worldcoin token (WLD).

Linked to WLD is another of Worldcoin’s products – World ID.

World ID is a digital identity system that collects biometric data for individuals and holds it in a database that links to WLD transactions.

WLD and World ID are connected and accessed via the company’s World App.

When it’s all in place and no longer “voluntary,” these technologies will be used to create and enforce 15-minute cities, says Christine Anderson, a member of the E.U. Parliament from Germany. Watch here as Anderson describes how it will work.

World App is “an app that enables payment, purchases, and transfers globally using digital assets and traditional currencies,” according to Worldcoin.

People who voluntarily surrender their biometric data receive “small sums” in Worldcoin’s tokens in return for signing up for the World ID scheme.

Worldcoin is co-founded by Sam Altman, the head of the company Open AI, which is behind the AI-powered chatbot ChapGPT.

According to Worldcoin’s executives, World ID, or “something like” it, will soon be mandatory for anyone who wishes to partake in the day-to-day functions of society.

World ID uses iris scanners that require a person to have their eyeballs scanned to prove their identity.

And while that idea may sound like a dystopian nightmare to some, people in several southern European countries, notably Spain and Portugal, can’t wait to give away their iris biometrics as proof of identity and the right to use a cryptocurrency transfer system.

The signup process involves exposing your eyeballs to what’s known as Worldcoin’s Orb iris scanners.

More than 150,000 participants have reportedly already signed up in Spain over the last year. That’s 20,000 new sign-ups per day. Portugal already has 120,000 signed up.

Plans are already in place to install a number of Orb scanners in Barcelona with more cities to follow.

Three years ago, in July 2020, the website Emerging Europe reported on the trend toward iris scans as the payment system of the future. Now the future is here and Worldcoin is not the only outfit playing in this space. A Polish firm called PayEye is also involved, among others.

Who owns Worldcoin, you ask? Its website says “Worldcoin is a decentralized open-source protocol supported by a global community of developers, economists, and technologists committed to expanding participation in, and access to, the global digital economy. It is intended to become a public network, with ownership by everyone.”

Yeah, right.

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Jim HᴏftJim Hᴏft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016.

WORLDCOIN UPDATE

WorldCoin May Face UK Data Regulators Inquiry Days After Launch: Report

BY TYLER DURDEN - WorldCoin May Face UK Data Regulators Inquiry Days After Launch: Report

The project has faced criticism from within the fintech world over its dystopian features and privacy concerns...

The newly launched controversial crypto and ID project Worldcoin could face inquiries from data regulators in the United Kingdom as it raises concerns over privacy and critical biometric data safety, according to a Reuters report.

The Information Commissioner’s Office (ICO) — the U.K.’s data regulatory body — acknowledged the launch of the crypto project in the country, and said it would examine the project and make further inquiries concerning data laws, reported Reuters.

When Cointelegraph reached out to the ICO to ask about its reported probe into Worldcoin, the agency declined to comment. A spokesperson for the regulator said that they “have not announced anything publicly to confirm or deny if we are looking into Worldcoin. Until then, I would not be able to pass comments.”

The digital identification-centered crypto project launched on July 24 and was co-founded by OpenAI’s CEO Sam Altman.

The project secured $115 million in funding in May from Andreessen Horowitz, Bain Capital Crypto, and Distributed Global.

Worldcoin onboarded over 2 million users during its beta phase despite many sharing concerns over the nature of the project.

While those numbers might look impressive, a study by MIT Technology Review claimed that the majority of the first one million users were onboarded using “deception, cash handouts and exploiting workers” in developing countries.

Several aspects of the project have not gone down well with the crypto community, from concerns over the security of users’ biometric data to privacy concerns.

Apart from an inquiry in the U.K., Worldcoin’s native token WLD will not launch in the U.S., with any of the U.S.-based exchanges, such as Coinbase or Kraken, listing it. The project developers cited regulatory concerns in the U.S. as the key reason behind the decision.

However, many crypto proponents believe it qualifies as an unregistered security.