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The Orb, The Coup, and the Stateless Trap (Part 2)
March 1, 2026
Part 2 of a 2 part series. Even if you accepted Worldcoin's political premise, the economics don't work: a fixed-supply token in a growing economy produces deflation, freezes investment, and cannot respond to crises the way a state-backed currency automatically can. The current WLD distribution is a venture capital subsidy, not a sustainable funding mechanism, and when it runs out or token prices collapse, the safety net doesn't weaken — it vanishes entirely. Real UBI requires taxing productive assets at the point of generation, which only a state has the legal authority to do.
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