OpenAI CEO Sam Altman Praises Bitcoin as a Step Towards Financial Freedom
In a recent podcast episode, Sam Altman, CEO of OpenAI and founder of Worldcoin, expressed his excitement about Bitcoin as a “super logical” step in the world of technology. Altman believes that having a global currency free from government control is an important development. He also mentioned that Bitcoin and other technological advancements could help reduce corruption by enabling digital payments that can be monitored.
Rogan’s Optimism for Bitcoin’s Potential
While Joe Rogan, the host of the podcast, admitted to being skeptical about cryptocurrencies, he expressed his fascination with Bitcoin. Rogan sees the potential for Bitcoin to become a universal viable currency due to its limited supply and decentralized mining process.
Altman’s Long-standing Support for Bitcoin
Altman’s positive view of Bitcoin is not new. In a blog post from 10 years ago, he argued that a world transacting in Bitcoin would lead to greater transparency and reduce corruption. Altman believes that financial transparency is crucial in fighting corruption.
Concerns About Central Bank Digital Currencies (CBDCs)
Both Altman and Rogan expressed strong opposition to central bank digital currencies (CBDCs). They are worried about the potential surveillance state that CBDCs could create, with governments having excessive control over people’s financial transactions. They believe that CBDCs tied to social credit scores could be detrimental to society.
Criticism of U.S. Government’s Treatment of Crypto Industry
Altman voiced disappointment with how the U.S. government has been handling the cryptocurrency industry recently. He criticized what he sees as a “war on crypto” and expressed sadness about the country’s approach to controlling the industry.
Hot Take: Bitcoin’s Role in the Future of Finance
Altman and Rogan’s discussion highlights the growing recognition of Bitcoin’s potential to revolutionize finance. As a decentralized global currency, Bitcoin offers an alternative to traditional financial systems that are susceptible to corruption and government control. While there are concerns about CBDCs and government regulation, the enthusiasm for Bitcoin’s transparency and transformative power remains strong.