By anchor.fm on June 7, 2021
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.
The Coin Detective