Depending on degree of cynicism*, both takes are compatible with what was observable: https://en.wikipedia.org/wiki/World_(blockchain)

* For what it's worth, my cynicism for Worldcoin and that eye scanner thing is currently about 7/10: moderately high but could be much worse.

By comparison, I'm 9/10 in cynicism for Facebook and 10/10 in cynicism for everything Musk does except SpaceX, my SpaceX cynicism is only 5/10.