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

OpenAI CEO Sam Altman has called Bitcoin (BTC) a super logical step on the tech tree, which is free of government control and helps to fight corruption.

Im excited about Bitcoin, Altman told Joe Rogan during an Oct. 6 episode ofThe Joe Rogan Experience podcast.

The OpenAI bosss wide-ranging interview with Rogan covered his thoughts on Bitcoin as a world reserve currency and his concerns about central bank digital currencies (CBDCs).

Altman, who is also the founder of Worldcoin, said the shift to a technologically enabled world, including Bitcoin, could help reduce corruption.

One of the things that Ive observed obviously many other people too is corruption is such an incredible hindrance to getting anything done in a society to make it forward progress, said Altman.

But in a world where payments, for example, are no longer like bags of cash but done somehow digitally and somebody, even if youre using Bitcoin, can like watch those flows, he said, adding:

Meanwhile, Rogan expressed his own optimism for Bitcoin despite skepticism of the wider cryptocurrency industry, saying he believes it can become a universal viable currency.

That to me is very fascinating. I love the fact that its been implemented, Rogan added.

Altman has been a long-time supporter of Bitcoin. In a blog post dated 10 years ago, Altman argued that a world transacting in Bitcoin would be more transparent.

A world where we all transact in Bitcoin would be much more transparent, and financial transparency is great. Its perhaps the thing that would most reduce corruption, Altman said.

Meanwhile, both Altman and Rogan said they were super against CBDCs and expressed worry about the United States becoming a surveillance state.

Rogan argued that CBDCs could give governments even more control over how people spend their money:

Related: CBDC frameworks must guard user privacy, monetary freedom BIS chief

Altman added he hasnt been impressed with how the U.S. government has treated the cryptocurrency industry recently:

Theres many things that Im disappointed that the U.S. government has done recently, but the war on crypto, which I think is a like, we cant give this up, like were going to control this and all that. Thats the thing that makes me quite sad about the country, he said.

Magazine: Asia Express: China expands CBDCs tentacles, Malaysia is HKs new crypto rival

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Bitcoin is a 'super logical' step on the tech tree: OpenAI CEO - Cointelegraph

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