OpenAI CEO Sam Altman: Crypto Regulation in the US, A ‘War’ on the Industry
Sam Altman, the founder of Worldcoin and CEO of OpenAI, has voiced his concerns regarding the escalating efforts by the US government to regulate and exert authority over the cryptocurrency market.
He has likened these actions to a form of "war" against the industry.
In a recent interview on the Joe Rogan Experience podcast, held on October 7, 2023, Sam Altman expressed his unease with the government's measures targeting digital assets.
Altman said: "I have several disappointments with recent actions taken by the US government, but the way they are approaching cryptocurrency, trying to assert absolute control, that's what truly saddens me about our country."
However, Altman made it clear that he does not oppose regulations. He pointed to the catastrophic collapse of FTX as a stark illustration of why regulations are vital, saying,
"I am not against regulations. I believe they are a necessity. The situation with FTX was, in a way, almost comically disastrous."
At the same time, Altman underscored the significance of non-government-controlled currencies like Bitcoin (BTC) as a substantial technological advancement for humanity.
He explained: "A few years ago, I played a part in launching a project called Worldcoin, which allowed me to delve deeper into this field. I am enthusiastic about it for the same reasons. Yet, the notion of having a global currency that exists beyond government influence is a rational and crucial advancement in the realm of technology."
Meanwhile, Joe Rogan expressed his optimism about Bitcoin despite his skepticism regarding the broader cryptocurrency industry.
He commented: "The truly captivating cryptocurrency, in my opinion, is Bitcoin. I believe it has the greatest potential to become a universally
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