Bitcoin can bring 'cause and consequence into cyberspace', boost security — Michael Saylor

United States News News

Bitcoin can bring 'cause and consequence into cyberspace', boost security — Michael Saylor
United States Latest News,United States Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Saylor, who has over 3 million Twitter followers, receives about 2,000 fake followers a day. In his opinion, decentralized IDs are the answer to digital trust issues.

Saylor illustrated his views using social media accounts created by robots as an example. According to him, billions of fake accounts are behind a digital"civil war" in today's society, stirring up hatred among real users of digital platforms.

"The risk in cyberspace is I can spin up a billion fake people, and I can create a civil war by having the fake Republicans hate on the fake Democrats, or the real Democrats. Having the fake Democrats hate on the real Republicans," said the tech executive when discussing how artificial intelligence and other next-generation technologies will make deepfake cheaper and harder to detect.

"If someone wants to launch a billion Twitter bots, that's going to cost them a billion transactions [...]. By combining the power of cryptography with the power of a decentralized crypto network like Bitcoin, we can bring cost and consequence into cyberspace," he explained. Saylor's Microstrategy is one of the companies working on encrypted signatures for social users and corporate solutions. The CEO of Open AI, Sam Altman, is also developing technology for proof of personhood with his crypto project, Worldcoin. To build decentralized identification tools, the company

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Economist Peter Schiff Surprises Critics, Dives Into Bitcoin-Backed NFT Market – Bitcoin NewsEconomist Peter Schiff Surprises Critics, Dives Into Bitcoin-Backed NFT Market – Bitcoin NewsSchiff and Price's unique digital collectibles will be minted on the Bitcoin blockchain using Ordinal inscription technology.
Read more »

NBA Twitter Reacts to Scottie Pippen's Wild Michael Jordan TakeNBA Twitter Reacts to Scottie Pippen's Wild Michael Jordan TakeScottie Pippen said Michael Jordan was a “horrible player” early in his NBA career.
Read more »

EU official says Twitter abandons bloc's voluntary pact against disinformationEU official says Twitter abandons bloc's voluntary pact against disinformationA top European Union official says Twitter has dropped out of the bloc's voluntary agreement to combat online disinformation. European Commissioner Thierry Breton tweeted Friday that Twitter had pulled out of the EU’s disinformation “code of practice” that other major social media platforms have pledged to support. But he added that Twitter’s “obligation” remained, referring to the EU’s tough new digital rules taking effect in August. San Francisco-based Twitter responded with an automated reply, as it does to most press inquiries, and did not comment.
Read more »

Q&A with Seth Waugh: Michael Block mania and will PGA Frisco host the 2041 Ryder Cup?Q&A with Seth Waugh: Michael Block mania and will PGA Frisco host the 2041 Ryder Cup?FRISCO — Seth Waugh stood in front of students from Frisco ISD, the University of North Texas and kids invited through United Way, explaining why he believes...
Read more »

Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says – Finance Bitcoin NewsBrazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says – Finance Bitcoin NewsBrazil views the BRICS development bank as an alternative to traditional financial institutions, the country’s head of state said.
Read more »

Biden and Bitcoin: A Second Term Showdown? | HackerNoonBiden and Bitcoin: A Second Term Showdown? | HackerNoonDiscover the potential impact of Biden's re-election on Bitcoin. Explore regulatory changes, market sentiment, and the crypto landscape. Bitcoin's resilience, - crypto bitcoinbullmarket
Read more »



Render Time: 2025-02-23 04:30:34