Sam Altman, the founder of OpenAIthe parent company behind interactive artificial intelligence (AI) platform ChatGPTexpressed concerns about the future of Bitcoin (BTC) And cryptocurrencieswho he said face significant challenges from the U.S. government.
During a recent appearance On the Joe Rogan Podcast, Altman expressed dismay at what he called an attack on the industry by the U.S. government. He suggested that the government’s recent actions represented a “war on crypto”, highlighting his disappointment with the authorities’ approach to digital assets.
“I’m disappointed with what the US government has done recently, but the war on crypto, which I think is a kind, we can’t give up on it, we’re going to control (bitcoin and crypto) thing makes me pretty sad about the country,” Altman said.
His comments reflect the growing sentiment among crypto enthusiasts and industry executives who are concerned about increased government intervention in the digital currency space. With this in mind, government agencies, led by the Securities and Exchange Commission (SECOND), have come under scrutiny amid allegations of an attempted crackdown on crypto industry.
Altman then expressed deep concerns about the potential expansion of the surveillance state in the United States, particularly in the context of state control over money. He has expressed his opposition to the concept of central bank digital currencies (CBDC), declaring that he is “super against” them.
It is worth noting that CBDCs have been the subject of discussion among US lawmakers and regulators, with the majority expressing opposition. However, Federal Reserve Chairman Jerome Powell has indicated that implementing such a system technology remains a distant prospect.
Altman’s Support for Bitcoin
At the same time, Altman said he remains enthusiastic about Bitcoin, emphasizing the importance of having a global currency that operates outside the control of any government.
“I’m also excited about Bitcoin. I think the idea that we have a global currency that is beyond the control of any government is a super logical and important step in the technology tree,” he added.
Notably, Altman has faced criticism within the Bitcoin community due to his involvement in the controversial Worldcoin crypto project. The project aims to create a database of individuals by scanning their eyes in exchange for the cryptocurrency Worldcoin (WLD). Critics argue that this raises privacy and ethics concerns.
The controversy has led to several governments around the world prohibition Worldcoin activities, with countries like Kenya citing concerns over data privacy as the main reason for their actions.