Ep 96 - Bill Ottman - Blockchain, Privacy, Censorship, Big Tech

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...

Bill Ottman 

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. 

Support The Podcast