Bitcoin will help mitigate cybersecurity threats created by artificial intelligence, such as deepfakes, said MicroStrategy founder Michael Saylor.
He illustrated his point using examples of bots on social media. In his view, billions of fake accounts are fuelling a digital civil war in modern society, stirring hatred among real users.
“The risk in cyberspace is that I can mobilize a billion fake people and spark a civil war, forcing fake Republicans to hate real Democrats,” he explained.
In his view, artificial intelligence will make deepfakes cheaper and far harder to detect. He says more than 2,000 bots sign up to his Twitter account every day.
As the basis for tackling the problem, Saylor cited the technology of decentralized identifiers (DID). The system involves verifying identity before posting by sending a small amount of digital assets.
“If someone wanted to deploy a billion bots on Twitter, it would cost them a billion transactions […]. By combining the power of cryptography with decentralised networks such as Bitcoin, we can bring costs and consequences into cyberspace,” he added.
A similar product is being developed by OpenAI chief Sam Altman with his Worldcoin project. The protocol World ID, based on zero-knowledge proofs, enables verifying a person’s identity using the retina.
But it also has drawbacks — some users in China began buying biometric data in African countries to obtain signup bonuses.
Earlier in May, Saylor announced MicroStrategy’s interest in Ordinals. He said the company plans to build applications based on the Bitcoin-NFT protocol.
Earlier the firm unveiled a rewards service built on the Bitcoin Lightning Network.