All Time Best Chess Player Backs Bitcoin

TimeBit
2 min readJul 25, 2020

The world’s most well known chess player, Garry Kasparov, supports BTC as a way to battle human rights violations.

Garry Kasparov, the Russian chessmaster who went head to head against IBM’s “Dark Blue” supercomputer, says Bitcoin, crypto and blockchain technologies,are the answer for the interest for protection in financial related markets.

In a July 23 meeting with Forbes patron Roger Huang, Kasparov said he saw numerous upsides to cryptocurrencies. As indicated by him, they give people more power over their money, which is normally managed “either by the state, companies or outside parties.”

“The good thing about Bitcoin is that you know exactly the number — the magic number of 21 million” the chessmaster stated, alluding to the greatest number of Bitcoin (BTC) tokens that will ever be mined.

Kasparov is a chair of the Human Rights Foundation, an establishment which utilizes technologies and digital innovation to ensure those whose freedomss are compromised. As indicated by him, blockchain innovation and cryptographic forms of money as are Bitcoin “natural decisions” for assurance against encroachments on protection and human rights.

“I think the steady rise in popularity of Bitcoin and other cryptocurrencies and blockchain technology as a concept is inevitable, because it’s a response to the shift of power from individuals to states or other institutions that may act on our privacy without our consent.”

Chess and blockchain

It has been revealed in June that a chess match between grandmaster Sergey Karjakin and Algorand organizer Silivio Micali was recorded on the blockchain.

Like Kasparov, Kajakin communicated an enthusiasm for cryptocurrencies and the fundamental technology. Algorand, a proof of stake blockchain stage, might be utilized to facilitate more prominent selection of chess, as indicated by Micali.

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