Key Points:
- Sam Altman sees Bitcoin as a significant step in technology, offering transparency to combat corruption.
- Altman and Rogan express strong reservations about central bank digital currencies (CBDCs).
- They worry about CBDCs leading to government control and surveillance over financial transactions.
In a recent episode of The Joe Rogan Experience, Sam Altman, the CEO of OpenAI, expressed his enthusiastic support for Bitcoin while strongly opposing central bank digital currencies (CBDCs). Altman hailed Bitcoin as a “super logical” advancement in technology, offering freedom from government control and potential benefits in the fight against corruption.
During the Oct. 6 podcast, Altman emphasized the significance of having a global currency beyond government influence, marking a crucial step in the evolution of technology. He believes that the transition to a digital, technologically-driven world, including Bitcoin, could serve as a powerful tool in reducing corruption by enhancing transparency in financial transactions.
Creator of ChatGPT, Sam Altman says, “#Bitcoin is a super logical and important step on the technology tree” of humanity. pic.twitter.com/2DGDzxIRrm
— Documenting ₿itcoin 📄 (@DocumentingBTC) October 7, 2023
Joe Rogan shared Altman’s optimism for Bitcoin, viewing it as a potential universal and viable currency due to its limited supply and decentralized nature.
Altman’s support for Bitcoin extends back a decade, as he previously argued in a blog post that a Bitcoin-based global economy would promote financial transparency and potentially reduce corruption significantly.
I disagree with Joe Rogan here. #Bitcoin won’t become a “universal, viable currency”.
It already is universal, viable currency being used by millions of people globally.
pic.twitter.com/RpMIHrQMUg— Dennis Porter (@Dennis_Porter_) October 7, 2023
Both Altman and Rogan voiced strong concerns about central bank digital currencies (CBDCs), fearing that they could grant governments excessive control over individuals’ finances and lead to a surveillance state. They criticized the U.S. government’s recent actions in what they perceive as a “war on crypto.”
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Disclaimer: Please note that the viewpoints and perspectives expressed by the author, as well as any individuals referenced in this article, are intended solely for informational purposes. They should not be construed as financial or investment advice. It’s important to acknowledge that investing in or trading cryptoassets carries inherent financial risks.