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

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 17 April 2024

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

In our latest episode, we dive deep with Carlos Toriello into how Bitcoin’s OP_Return is pioneering election audits. We discuss transforming election skepticism into Bitcoin advocacy, highlighting Digital Witness's groundbreaking audit of Guatemala’s 2023 elections. Learn about Simple Proof, the OpenTimeStamps Protocol, and how these tools offer tamper-evident, verifiable documents, fostering trust and transparency. Join us in envisioning a future where digital integrity reshapes democracy. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:42 - The transformative potential of Bitcoin’s OP_Return for auditing elections and ensuring transparency. 02:08 - How Digital Witness became the first to verify all available election documents in Guatemala, promoting trust. 02:08 - The role of Simple Proof and Peter Todd’s OpenTimeStamps Protocol in creating tamper-evident election documents. 02:08 - Insights into the 2019 Guatemalan elections, showcasing real-world applications of blockchain for combating election fraud. 18:28 - The educational aspect of Fiscal Digital, introducing students to blockchain through gamified verification of election results. 28:23 - The concept behind "Immutable Democracy" and its implications for future election integrity. 35:34 - Recommendations for election system administrators worldwide on leveraging blockchain technology for transparency. 35:34 - A look forward to the 2027 elections and the potential for blockchain to revolutionize electoral processes further. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Link to Seb’s book: The Hidden Cost of Money. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Check out our Bitcoin Fundamentals Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota CI Financial Meyka Fundrise Yahoo! Finance Long Angle iFlex Stretch Studios Public American Express Shopify Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0	You're listening to TIP.
0:02.0	Hey everyone, welcome to this Wednesday's release of the Bitcoin Fundamentals Podcast.
0:07.0	This episode is brought to you by River, the place that I personally go to securely invest in Bitcoin with confidence and with zero fees.
0:14.3	On today's show we have a really fascinating conversation about using
0:18.7	Bitcoin's truth machine to help secure the integrity of elections. Now I know what you're thinking because I was
0:26.0	thinking the exact same thing when I was first told about this topic. How in the world
0:30.0	can Bitcoin assist in this process that has so many connections to humans that are able to
0:36.2	manipulate the results or just interact and conduct fraud?
0:40.5	And isn't the Bitcoin network just about sound money?
0:43.2	Well, I'm completely with you and, but this past week I was down in El Salvador for an event
0:49.1	and I ran into the guest of today's show, Mr. Carlos Torello, and he provided such an incredible overview
0:56.1	in what he has already done in Guatemala, and this is something I just had to bring to
1:00.7	the listeners of this show to hear for themselves. So without further delay,
1:05.2	here's my chat with Carlos and how Bitcoin is being used to audit election results.
1:18.0	Celebrating 10 years, you are listening to Bitcoin Fundamentals by the Investors Podcast Network.
1:20.0	Now for your host, Preston Pish.
1:23.0	Hey everyone.
1:25.0	Hey everyone,
1:30.0	everyone, welcome to the show. I am here with Carlos and I'm excited to have this
1:37.2	conversation so different than I think anything I've ever done on this show before
1:42.2	so welcome to the show and
1:44.4	very excited to get into this.
	...

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