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Ep 96 - Bill Ottman - Blockchain, Privacy, Censorship, Big Tech
Manage episode 294343863 series 2803014
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Bill is the founder and CEO of Minds. Minds is an alternative to social networks such as Facebook & Twitter, both of which he believes abuse their users via "spying, data mining, algorithm manipulation, and no revenue sharing". Minds focuses on being much more privacy-oriented than mainstream social media networks. Bill walked me through the idea behind his platform and why, he feels, privacy-oriented websites are the future.
Bill and I discussed -
- The onslaught of new crypto coins
- What cryptocurrencies are
- What decentralized systems mean
- Why he felt compelled to create Minds
- Censorship on social media
- Network effects
- Freedom of information vs freedom of speech
- The difficulties of competing with big social media platforms
- Does the general population care about privacy?
And much more...
My Take: We seem to have completely given over not only our privacy but also our autonomy. Big tech platforms seem to know all our deepest darkest secrets with a click of a button - and are profiting off of it - while also causing division and many other social and psychological problems. Alternative sites like Minds are going o become crucial and more popular as these conversations around privacy keep popping up everywhere.
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