Joey G
bitcoinnewstoday
Published in
4 min readSep 16, 2018

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From time to time all of us want a reminder that Bitcoin is far more than simply an asset that may be checked on a day by day worth chart. Peter Thiel reveals that he believes the “crypto vs AI dichotomy” will form the future of humanity, presenting us with a selection between a Big Brother totalitarian authorities and a world of better liberty.

Also Read: Abra App Launches Support for Bitcoin Cash Deposits and Withdrawals

Peter Thiel Talks Bitcoin

Peter Thiel: Crypto vs AI Dichotomy Will Determine the Future of Humanity

Peter Thiel, the Paypal co-founder and enterprise capital billionaire identified to be lengthy on Bitcoin, has given a prolonged interview on The Rubin Report discussing his views on many topics. After beginning the dialogue by refusing to smoke a joint on the air to keep away from competing along with his fellow Paypal co-founder Elon Musk, Thiel defined that they initially thought of the concept for the firm as a result of he was very curious about cryptocurrency and new kinds of cash for the web age.

For the subsequent two hours or so he mentioned many different fascinating topics earlier than lastly returning to concentrate on cryptocurrency. These included his assist for now president Donald Trump, investing in Facebook, generational economics, contrarian pondering, the issues with Silicon Valley, sexuality, freedom of the press versus the proper to privateness (the Gawker Hulk Hogan intercourse tape saga), seastanding and far more.

AI Big Brother vs Crypto Utopia

Peter Thiel: Crypto vs AI Dichotomy Will Determine the Future of Humanity

Thiel defined his view concerning cryptocurrencies, saying: “…on Bitcoin, so if crypto is libertarian, AI is communist. Everyone thinks crypto is libertarian because you have all these ideas about decentralizing money and things like this. Nobody says AI is communist and that’s because we are sort of more conscious of people with different views like libertarian and we are less conscious of people with collectivist views because that’s more the zeitgeist. But I think…the crypto versus AI dichotomy goes to the sort of question about what’s the future of the computer age going to look like. And is it going to be more centralized or more decentralized.”

“In historical past we’ve had these very completely different footage [of the future]. In the late 60s, the early Star Trek episodes you had one planet they bought to the place there was one huge laptop that ran the entire planet for 8,000 years. And the folks didn’t have any ideas. They have been all docile, sort of completely satisfied. Nothing ever occurred and that was what the folks thought the future can be in the late 60s. That was in the late 60s after we had centralized huge computer systems. In the late 90s, it was going to be crypto, to be decentralized. The web was going to separate up all these types of constructions.”

68 was centralized, 98 was decentralized, in 2018 in some methods the pendulum has swung again to centralized. Big governments, huge databases that may monitor and survey folks and know extra about you than you recognize about your self. Or issues like this kind of creepy, huge brother sort factor.

“I think since the pendulum has swung back and forth so much over the last 50 years, there is no reason that that’s the future. And it’s actually a choice. Do we want it to be centralized? Do we want it to be decentralized? And what I think AI can mean many different things but if it means you have large databases that are controlled by large governments that can monitor people more effectively, it’s something that could make communism maybe more effective, certainly more scary, more totalitarian than it ever was in the 20th century. It’s not a coincidence along these lines that the Chinese communist party hates crypto and loves AI.”

How will these applied sciences form the future of humanity? Share your ideas in the comments part below.

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Joey G
bitcoinnewstoday

techie, expertise in web technologies, server security, investing, SEO, and more …