Alex Gladstein on Blockchain and Tyranny Vs. Bitcoin and Freedom

In this episode, Dave talks with Alex Gladstein about the recent news that China and President Xi Jinping, have publicly expressed admiration for blockchain technology. This news spiked the Bitcoin price at the beginning of November, but Gladstein is weary for what China's public praise could mean for cryptocurrency in general. Gladstein recognizes that blockchain technology by itself is really just a mechanism for control and surveillance of financial data. He believes from a human rights perspective that the real value of the blockchain comes from decentralization, which is essential to Democracy. He states that Bitcoin is the greatest example of a decentralized blockchain and that in the wrong hands, this technology would be used as a tool for tyranny instead of freedom.  In China, It's Blockchain and Tyranny vs Bitcoin and Freedom Twitter: Dave Hollerith (@DsHollers) Alex Gladstein (@gladstein) Sponsors: Celsius Network - Enter "BITCOINMAG" to get $10 off any deposit over $200 Etoro Haven - Get $5 in Bitcoin, Litecoin or Zcash DISCLAIMER: The following content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this presentation constitutes a solicitation, recommendation, endorsement, or offer by BTC Media, The Let’s Talk Bitcoin Network, or any third party service provider to buy or sell any securities or other financial instruments.