Garry Kasparov: Crypto Means Freedom

coindesk.com

7 pointsAnon844 comments

So it will delight many in the blockchain industry to learn that Kasparov, easily one of the smartest people alive, is now a champion of cryptocurrency.

Delight it shall.

But it doesn't change the fact the fact that, tragically, history is full of instances of brilliant and (like Kasparov) commendably ethical and principled people who ... nonetheless become caught up in all kinds of foolishness and nonsense.

Like a certain Sir Isaac Newton for example, who couldn't help but get sucked into this (in its day, equally irresistible) vortex:

https://en.wikipedia.org/wiki/South_Sea_Company

It doesn't seem to have made anyone freer in China, El Salvador, or anywhere else.

It has. People have used it to get their money in or out of the country.

Why are people in El Salvador protesting? How do we know their govt-provided wallets aren't also govt-controlled? Why were they unable to exfiltrate their money before?

I don't know what's stopping Chinese people from getting fiat out of the country, but they can certainly invest in whatever they want abroad. They still aren't more free until they're actually out of China permanently.

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