Bitcoin Can Bring In A Period Of Security In Cryptocurrency


According to Michael Saylor, the executive chairman of MicroStrategy, Bitcoin could very well be the answer to combat the cybersecurity threats that have been driven by artificial intelligence. This was mentioned by the chairman during a recent interview with Kitco News. Saylor went on to illustrate his views through various social media accounts that had been created by robots.

According to him, billions of fake accounts were behind a digital civil war in the current society, and they were stirring up hatred among the real users of digital platforms. The tech executive further claimed that the major risk in cyberspace was that he could spin up a billion fake people, and then he could create a civil war by having the fake Republicans constantly hate the fake Democrats or real Democrats. This was an example through which he was trying to discuss how other next-generation Bitcoin technologies will make deepfakes cheaper and harder to detect. 

Bitcoin Could Help In The Erasure Of Deepfakes

Saylor, who has over 3 million followers on Twitter, mentioned that he received 2000 fake followers every day. He claimed that he had seen that, over the course of an hour, around 1500 bot accounts were removed from his accounts. The executive is of the opinion that the solution for deepfakes and other digital trust issues lies in decentralized identities. For those wondering, a decentralized identity like Bitcoin is a self-owned, independent identity that enables the exchange of trusted data. In other words, this is a way to verify and further control an online identity and other personal information.
Saylor’s company, MicroStrategy is one of the many companies that has been working on encrypted signatures for corporate solutions and social users. Sam Altman, the CEO of OpenAI, has also developed technology for proof of personhood with Worldcoin, a crypto project.