Chess Master Garry Kasparov Supports Bitcoin As A Means To Fight Human Rights Violations
Chess Master Garry Kasparov Supports Bitcoin As A Means To Fight Human Rights Violations
July 24, 2020
Chess Master Garry Kasparov Supports Bitcoin As A Means To Fight Human Rights Violations
Chess Master Garry Kasparov Supports Bitcoin As A Means To Fight Human Rights Violations
July 24, 2020

Garry Kasparov, the world’s most famous Russian chess master, supports Bitcoin (BTC) as a means to fight human rights violations. He faced off against IBM’s “Deep Blue” supercomputer, where he says that Bitcoin, crypto, and blockchain technologies are the solutions to the demand for privacy in financial markets.

On July 23, it has been reported in an interview with Forbes contributor Roger Huang that Kasparov said he saw many upsides to cryptocurrencies. According to him, they give individuals more control over their money, which is usually regulated “either by the state, corporations, or outside parties.”

However, Kasparov said:

“The good thing about Bitcoin is that you know exactly the number — the magic number of 21 million. 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.”

Kasparov is a chair of the Human Rights Foundation, a foundation that uses technology and digital innovations to protect those whose freedoms are threatened.

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According to him, blockchain technology and cryptocurrencies like Bitcoin are “natural choices” for protection against infringements on privacy and human rights. 

Thus, he concluded:

“I think the steady rise in popularity of Bitcoin and other cryptocurrencies and blockchain technology as a concept is inevitable, because it’s a response to the shift of power from individuals to states or other institutions that may act on our privacy without our consent.”

Source: Cointelegraph | Image: Pixabay


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. She is an archetypal writer, who loves to create her own little world with words and locutions. Apart from this, her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
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