@samwilder
What many people don’t realize is that Worldcoin has been banned and investigated in multiple countries due to its large-scale collection of iris biometric data, including Spain, Hong Kong, France, Germany, India, Brazil, South Korea, Portugal, and more.
By contrast, Billions Network has taken a more compliance-focused path. The project has already passed MiCA approval and is participating in the EU blockchain regulatory sandbox.
In reality, the identity verification sector is very similar to payments: everyone wants full decentralization and zero regulation, but compliance is a hurdle you simply cannot bypass.
Compliance doesn’t determine how high a project can go — but it does determine how far it can go.
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