> How Altman plans to pay for Worldcoin’s UBI, however, remains murky. “The hope is that as people want to buy this token, because they believe this is the future, there will be inflows into this economy. New token-buyers is how it gets paid for, effectively,” Altman told Coindesk recently.
He’s openly admitting it’s a Ponzi scheme:
> A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.
He’s openly admitting it’s a Ponzi scheme:
> A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.
https://en.wikipedia.org/wiki/Ponzi_scheme