July 21, 2024
OpenAI CEO Sam Altman explores Bitcoin's 'super logical' nature
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OpenAI CEO Sam Altman Applauds Bitcoin as a ‘Super Logical’ Antidote to Corruption

OpenAI CEO Sam Altman has described Bitcoin as a “super logical” advancement on the technological front, highlighting its independence from government influence and its potential to combat corruption.

In an episode of The Joe Rogan Experience podcast on October 6th, Altman expressed his enthusiasm for Bitcoin, emphasizing the significance of a global currency that operates beyond governmental jurisdiction. Altman’s conversation with Joe Rogan touched upon various aspects of Bitcoin’s role as a potential world reserve currency and his reservations regarding central bank digital currencies (CBDCs).

Altman, who is also the founder of Worldcoin, suggested that the shift towards a technologically driven world, including the adoption of Bitcoin, could contribute to the reduction of corruption. He pointed out that corruption often hinders societal progress, and the digitization of payments, including Bitcoin transactions, could enhance transparency and, in turn, reduce corruption.

Rogan, despite harboring skepticism about the broader cryptocurrency industry, expressed optimism about Bitcoin’s potential to become a universally accepted currency. He found Bitcoin particularly intriguing due to its finite supply and decentralized mining process.

Altman’s support for Bitcoin dates back a decade, when he argued in a blog post that a global economy transacting in Bitcoin would significantly enhance transparency. He believed that financial transparency could be the key to mitigating corruption. Both Altman and Rogan shared strong reservations about CBDCs, with concerns about the potential for increased government control over individuals’ financial transactions. Altman also expressed disappointment in how the U.S. government has recently handled the cryptocurrency industry.

Image by pixabay

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