OpenAI CEO’s Take on Bitcoin: Sam Altman, the CEO of OpenAI, recently described Bitcoin as a “super logical” progression in the technological realm. What sets it apart? Its independence from governmental control, making it a potent tool against corruption. In a recent conversation with Joe Rogan on “The Joe Rogan Experience” podcast, Altman expressed his enthusiasm, stating, “The concept of a global currency, free from any government’s grasp, is a crucial and logical advancement in technology.”
During this insightful discussion, Altman delved into the potential of Bitcoin as a global reserve currency and voiced his apprehensions about Central Bank Digital Currencies (CBDCs). As the founder of Worldcoin, he believes that the transition to a “tech-powered world”, with Bitcoin at its core, could be the antidote to rampant corruption.
Altman elaborated, “Corruption is a significant barrier to societal progress. But imagine a world where transactions aren’t carried out with bags of cash but digitally, with platforms like Bitcoin offering transparency. That’s a step towards curbing corruption.”
Rogan’s Perspective: Joe Rogan, on the other hand, while being optimistic about Bitcoin, remains wary of the broader cryptocurrency landscape. He envisions Bitcoin as the frontrunner, with the potential to emerge as a universally accepted currency. Rogan stated, “Bitcoin stands out in the crypto space. Its limited availability and the unique mining process make it intriguing. I’m genuinely impressed by its implementation.”
Altman’s Long-Standing Support: It’s worth noting that Altman’s endorsement of Bitcoin isn’t recent. A decade ago, in a blog post, he proposed a world where Bitcoin transactions dominate, emphasizing its transparency. He asserted, “A Bitcoin-driven world promises unparalleled financial transparency, which could be the ultimate solution to combat corruption.”
Concerns Over CBDCs: The conversation took a turn when both Rogan and Altman expressed their reservations about CBDCs, fearing the rise of a surveillance state in the US. Rogan voiced his concerns, saying, “The idea of CBDCs linked to a social credit score is alarming. It’s not for societal betterment but for exerting control.” Altman echoed these sentiments, expressing his dissatisfaction with the US government’s recent approach to the crypto industry, lamenting, “The ongoing war on crypto by the US government is disheartening. It feels like an attempt to dominate and control, which saddens me.”
