The CEO of artificial intelligence (AI) company OpenAI says the US government is waging war on crypto assets.
In a new interview about the Joe Rogan Experience, Sam Altman, CEO of OpenAI, says say that government actions against digital assets are worrying – but adds that there is a clear role for regulation within the sector.
“I am very concerned about how far the surveillance state could go here. But in a world where payments, for example, no longer consist of bags of cash, but are somehow done digitally – even if you use Bitcoin, someone can view those flows. I think this is something that reduces corruption…
There are a lot of things the US government has done lately that have disappointed me, but the war on crypto – a mindset that’s like, “We can’t give this up, so let’s control it” – that’s what makes me feel very sad about the country.”
However, Altman goes on to say he is not against the regulations, citing the multi-billion dollar collapse of the FTX as an example of why they are needed.
“I am not against regulations. I think there is clearly a role for it. And I also think FTX was a comically bad situation.
Altman – who started the identity-based crypto project Worldcoin (WLD) – also says that the existence of currencies that are not controlled by governments like Bitcoin (BTC) is a huge technological step for humanity.
“A few years ago I helped set up a project called Worldcoin. And so as I’ve learned more about the space, I’m excited about it for the same reason I’m excited about Bitcoin. I think this idea that we have a global currency that is outside of government control is a super logical and important step in the technology boom.”
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