Home Cryptocurrency Bitcoin is a ‘super logical’ step on the tech tree: OpenAI CEO

Bitcoin is a ‘super logical’ step on the tech tree: OpenAI CEO

by Harry Garcia

OpenAI CEO Sam Altman has praised Bitcoin as a “super logical” step in the evolution of technology, stating that it is a currency free from government control and has the potential to combat corruption. Altman expressed his excitement about Bitcoin during an episode of “The Joe Rogan Experience” podcast.

Altman, who is also the founder of Worldcoin, discussed his views on Bitcoin as a world reserve currency and expressed concerns about central bank digital currencies (CBDCs). He believes that the shift towards a technologically enabled world, including the use of Bitcoin, can help reduce corruption. Altman stated that digitized payments, even with the use of Bitcoin, can contribute to reducing corruption by allowing for more transparent financial transactions.

Joe Rogan, the host of the podcast, shared his own optimism about Bitcoin, despite being skeptical about the wider cryptocurrency industry. He believes that Bitcoin has the potential to become a “universal viable currency” due to its limited supply and decentralized mining process.

However, Altman’s support for Bitcoin predates his appearance on the podcast. In a blog post from a decade ago, he argued that a world transacting in Bitcoin would be more transparent, which he believes is essential in reducing corruption.

Both Altman and Rogan expressed strong opposition to central bank digital currencies (CBDCs). They are particularly concerned about the potential for CBDCs to lead to increased government surveillance and control over individuals’ financial activities. Rogan specifically mentioned his worry about CBDCs being tied to a social credit score system.

Altman also voiced his disappointment with how the U.S. government has treated the cryptocurrency industry recently, referring to the “war on crypto.” He believes that the government’s attempts to control and regulate cryptocurrencies are detrimental to the country.

In conclusion, Sam Altman, the CEO of OpenAI, has praised Bitcoin as a logical technological advancement that can help combat corruption and promote financial transparency. His positive views on Bitcoin align with his concerns about central bank digital currencies and government control over financial activities. Altman’s comments add to the ongoing debate surrounding the future of cryptocurrencies and their potential impact on the global financial landscape.

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