I agree with him. 4% inflation per day is insane and AFAIK newly generated WLD coin going to world coin team. But it's not very surprising when they perform questionable privacy practice and hit by several law privacy.
No you don't understand (/s), it's still "the greatest transfer of wealth in history", that is half true - it's just that the money transfer is going from all the investors to the project leaders instead of another way!

But seriously though, this is another useless shitcoin that is invading the space. Why do exchanges keep listing these kinds of coins? Oh right, I forgot - for money. But they should at least delist the coins when they no longer become profitable or used and just convert any holdings to a stablecoin of some sort.