Bitcoin as a Global Currency
OpenAI CEO Sam Altman has hailed Bitcoin as a "super logical" step on the tech tree, praising its ability to operate without government control and its potential to combat corruption. In an interview with Joe Rogan on The Joe Rogan Experience podcast, Altman expressed his enthusiasm for the idea of a global currency that is free from any central authority.
Reducing Corruption through Technological Advancements
Altman, who is also the founder of Worldcoin, believes that embracing a technologically enabled world, including the use of Bitcoin, can contribute to the reduction of corruption. He explained that by transitioning to digital payment methods, such as Bitcoin, transactions become more transparent, making it harder for corrupt practices to thrive.
Rogan's Optimism for Bitcoin
Joe Rogan, while admitting his skepticism towards the broader cryptocurrency industry, expressed his optimism for Bitcoin as a potential "universal viable currency." Rogan believes that the limited supply of Bitcoin and its decentralized mining process make it an intriguing option for widespread adoption.
Altman's Long-standing Support for Bitcoin
Altman's endorsement of Bitcoin predates his appearance on the podcast. In a blog post from 10 years ago, he argued that a world operating on Bitcoin could greatly enhance financial transparency, leading to a significant reduction in corruption.
Concerns about Central Bank Digital Currencies (CBDCs)
Both Altman and Rogan expressed strong opposition to central bank digital currencies (CBDCs) and raised concerns about the potential surveillance capabilities of such systems. They believe that CBDCs could give governments excessive control over individual spending, potentially leading to a loss of privacy and personal freedom.
Disappointment with U.S. Government's Approach to Crypto
Altman also voiced his disappointment in how the U.S. government has been handling the cryptocurrency industry, referring to the perceived "war on crypto." He expressed concern that the government's attempts to exert control over the industry could hinder innovation and limit the potential benefits of cryptocurrencies.
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