{"id":9431,"date":"2020-07-24T15:39:06","date_gmt":"2020-07-24T12:39:06","guid":{"rendered":"https:\/\/forklog.media\/?p=9431"},"modified":"2020-07-24T17:25:49","modified_gmt":"2020-07-24T14:25:49","slug":"chess-ex-champion-garry-kasparov-bitcoin-is-natural-choice-in-fight-against-human-rights-violations","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/chess-ex-champion-garry-kasparov-bitcoin-is-natural-choice-in-fight-against-human-rights-violations\/","title":{"rendered":"Chess Ex-Champion Garry Kasparov: Bitcoin is Natural Choice in Fight Against Human Rights Violations"},"content":{"rendered":"

Former chess champion and human rights advocate Garry Kasparov has called Bitcoin and blockchain technology \u201cvery natural choices\u201d in the struggle against human rights violations, Forbes reported<\/a> on July 23.<\/p>\n

<\/p>\n

Kasparov noted that cryptocurrencies offer greater control over an individual\u2019s own funds, as opposed to fiat which is controlled by governments, corporations, and banks.<\/p>\n

The danger of corporations<\/h2>\n

The danger of corporations, according to Kasparov, is that they are \u201cpretending to be guarding the interests of their customers in America or in Canada,\u201d but when it comes to dealing with authoritarian regimes, \u201cthey behave differently.\u201d<\/p>\n

The role of bitcoin and blockchain tech, according to Kasparov, is to \u201chelp the public regain the control that has been gradually lost to outside institutions.\u201d<\/p>\n

\u201cThe good thing about bitcoin is that you know exactly the number\u2014the magic number of 21 million. And we understand the formula behind that. But when you look at the other side, the Fed, for instance, you never know how many trillions of dollars will appear on the market tomorrow that will damage your savings,\u201d<\/b> Kasparov noted.<\/p><\/blockquote>\n

As the chairman of the Human Rights Foundation, Kasparov also endorsed the use of new technologies to oppose violations of freedoms.<\/p>\n

“I think the steady rise in popularity of bitcoin and other cryptocurrencies and blockchain technology as a concept is inevitable because it\u2019s a response to the shift of power from individuals to states or other institutions that may act on our privacy without our consent,\u201d<\/b> he said.<\/p><\/blockquote>\n

Notably, Kasparov was skeptical about cryptocurrencies three years ago. In late 2017, he told Portuguese publication Proteste Investe<\/a> that cryptocurrency was akin to \u201cfake money massively issued by governments,\u201d and suggested that bitcoin was \u201cpure speculation.\u201d<\/p>\n

Follow us on <\/b>Twitter<\/b><\/a> and <\/b>Facebook<\/b><\/a> and join our <\/b>Telegram channel<\/b><\/a> to know what\u2019s up with crypto and why it\u2019s important.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Former chess champion and human rights advocate Garry Kasparov has called Bitcoin and blockchain technology \u201cvery natural choices\u201d in the struggle against human rights violations, Forbes reported on July 23.<\/p>\n","protected":false},"author":8,"featured_media":9449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"human_written","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,30,286],"class_list":["post-9431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency","tag-society"],"aioseo_notices":[],"amp_enabled":true,"views":"1334","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=9431"}],"version-history":[{"count":3,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9431\/revisions"}],"predecessor-version":[{"id":9435,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9431\/revisions\/9435"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/9449"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=9431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=9431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=9431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}