Worldcoin Crash Coming? Key Levels To Watch
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One of the biggest reasons Worldcoin’s price could face sustained downward pressure is the growing controversy around its core concept: universal digital identity. Vitalik Buterin, co-founder of Ethereum and one of the crypto space’s most respected thinkers, has openly warned that platforms like Worldcoin pose a real threat to the pseudonymity that has defined internet and crypto culture for decades. In his detailed critique, Buterin points out that even with advanced privacy technologies like zero-knowledge proofs, Worldcoin’s “one-person-one-ID” system could slowly dismantle the freedom users have to operate under multiple pseudonymous profiles. This concern isn’t just philosophical — it has practical and political implications that could trigger regulatory pushback and user distrust. If millions of people realize that linking their entire online footprint to a single biometric ID makes them vulnerable to surveillance or coercion, adoption could stall, and those who already hold WLD tokens may choose to exit. Even the promise of universal proof-of-personhood loses its appeal if the trade-off is an irreversible erosion of online privacy. Additionally, Buterin’s warning about coercion highlights a deep weakness in Worldcoin’s pitch. If governments, employers, or large platforms can force people to link all their online activities to one World ID, that ID becomes a single point of failure. Any breach, misuse, or abuse could expose a user’s entire digital life, shattering confidence in the system overnight. In the crypto world, trust is everything — and once trust erodes, token prices tend to follow. The market also knows that Worldcoin isn’t the only answer to fake accounts and bots. Buterin’s “pluralistic identity” vision offers a compelling alternative, where multiple tools — social graphs, wallets, passports, biometrics — coexist. If developers and users flock to this more flexible approach, Worldcoin’s core utility could weaken, dragging its token value down with it. Finally, the…
Filed under: News - @ July 2, 2025 3:25 pm