We Study Billionaires - The Investor’s Podcast Network

BTC178: Auditing Elections with Bitcoin w/ Carlos Toriello (Bitcoin Podcast)

Apr 17, 2024
Guest
Carlos Toriello
Carlos Toriello, a Guatemalan expert in election auditing and founder of Digital Witness, explores the revolutionary role of Bitcoin in ensuring electoral integrity. He discusses how the OP_Return feature enables tamper-evident documentation, enhancing trust in elections. Toriello shares insights from Guatemala's 2023 election audit and the impact of tools like OpenTimeStamps Protocol. He envisions a future with 'Immutable Democracy' and emphasizes educating youth through gamified blockchain verification. Join him in reimagining democracy through technology!
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INSIGHT

Proof-of-Work in Elections

  • Carlos Toriello became passionate about elections after volunteering in Guatemala's voting system.
  • He realized the value of proof-of-work as a consensus algorithm, similar to Bitcoin's.
ANECDOTE

Witnessing Elections

  • In 2019, Carlos Toriello became a political party witness due to family running for Congress.
  • He observed similarities between Guatemala's voting system and Bitcoin's proof-of-work, particularly with validating nodes.
INSIGHT

Importance of Documents

  • Individual ballots are discarded after the vote tally, leaving signed documents as the crucial evidence.
  • Carlos Toriello recognized the need to verify these documents and prevent tampering, especially after a problematic election in 2019.
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