$WLD It is the future
Post
--Bullish
Belanotte
·
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$WLD Today I woke up with doubts about what is behind these virtual accounts that are being given to us Latinos and I found the true intention, I share it so that everyone can take a stance and decide how to navigate in this ecosystem, I would love to read your thoughts. 🤓 -bela 🫶🏻
• The USD account of World App is indeed backed by a real bank in the U.S., but it is not a personal bank account in your name. It is a custodial account.
• Its function is not to help you, but to keep the money within the World ecosystem so that you do not enter, withdraw, and leave.
• World App aims to become a complete infrastructure:
digital identity + wallet + payments + money conversion.
• Countries like Colombia are key because:
• receiving USD is difficult and costly
• here is high informality
• adoption is rapid
• They do not only collect identity: they analyze economic behavior (how you receive, convert, and use money).
• Use it as:
• a temporary reel to receive or move money
• a tool, not a financial base
• Do not use it as:
• your main bank
• a place to store large sums
• a system you depend on
Are we getting closer and closer to the utopian decentralized economy #DeFi ? #Worldcoin #worldapp
• The USD account of World App is indeed backed by a real bank in the U.S., but it is not a personal bank account in your name. It is a custodial account.
• Its function is not to help you, but to keep the money within the World ecosystem so that you do not enter, withdraw, and leave.
• World App aims to become a complete infrastructure:
digital identity + wallet + payments + money conversion.
• Countries like Colombia are key because:
• receiving USD is difficult and costly
• here is high informality
• adoption is rapid
• They do not only collect identity: they analyze economic behavior (how you receive, convert, and use money).
• Use it as:
• a temporary reel to receive or move money
• a tool, not a financial base
• Do not use it as:
• your main bank
• a place to store large sums
• a system you depend on
Are we getting closer and closer to the utopian decentralized economy #DeFi ? #Worldcoin #worldapp