Going to be hard to pull off. I'm surprised Sam Altman doesn't have the foresight to see that in a world where no one trusts institutions no one will willingly pay to scan their eyeballs without an obvious value proposition. Most people don't even understand Bitcoin yet
As a technology anthropologist who's helped many companies bring software/hardware products to market, this is unlikely to succeed for several reasons. Growing mistrust of biometrics as a whole, the general market has zero trust for crypto right now, neither this hardware nor blockchain can scale at what would be needed at a societal level. I could go on.
Sometimes the most complicated of problems of the world are solved with pure genius, sheer simplicity, non-negotiable ethics and humanity. This is 100% NOT one of them.
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Restoring from backup doesn't work. It says it has suspended my account. That kinda proves that this system is not decentralized.
One more thing - the only thing that prevents someone to generate tons of fake iris images is that the hardware that creates hashes must be certified by a central party. In that case the central party can get as many coins as they like.
That is 100% a scam.
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