Garry Kasparov: Crypto Means Freedom

CoinDesk: Garry Kasparov knows math. He knows logic, strategy and decision-making. Widely regarded as the greatest chess player in the history of mankind, the Russian grandmaster -- ranked No. 1 from 1984 to 2005 -- sees the world with a certain clarity. So it will delight many in the blockchain industry to learn that Kasparov, easily one of the smartest people alive, is now a champion of cryptocurrency. And it's partly because of math. Kasparov has spent his "retirement" opposing Russian President Vladimir Putin (a defiance that once got him tossed in jail), fighting for humanitarian causes and serving as chairman of the Human Rights Foundation (a nonprofit that strongly supports bitcoin as a freedom-giving tool). Now he views crypto as a way to check government power. Bitcoin offers protection against rampant government spending, says Kasparov, "because you're protected by math" -- by the logic of the code itself. Kasparov also sees merit in non-fungible tokens. [...] CoinDesk: How'd you get into the crypto space? Kasparov: If you followed my career and read about my early interest in computers and technology, you should not be surprised that I was very excited when I recognized the value of cryptocurrencies and NFTs. This goes all the way back to the '80s; I always tried to be at the cutting edge. It started with chess. But I also saw an opportunity to use computers and new tools to advance individual freedoms. It's my belief that technology should help people fight back against the power of the state. How do cryptocurrencies fit into that? Cryptocurrencies become an inseparable part of or progress, because the whole world is moving digital. And if the economy becomes more digital, so does the money. Another philosophical reason is that ... governments [have] unlimited opportunities to print money. And printing money is the most exquisite form of borrowing from us and from future generations. And I believe that cryptocurrencies -- with bitcoin as a standard -- offer a protection against this onslaught of the government, because you're protected by math. You're protected by the limited number of any code behind the respective currency. Cryptocurrencies, and all the products related to cryptocurrencies, are absolutely vital for the future development of our world.

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