OpenAI CEO Rallies Against U.S. Crackdown on Cryptocurrency
Sam Altman, OpenAI's CEO and a driving force behind ChatGPT, openly expressed disappointment and concern regarding the U.S. government's negative stance on cryptocurrencies.
He believes this reflects an attempt to control a global currency beyond the government’s jurisdiction. Altman opposes central bank digital currencies (CBDCs) for their potential to infringe on financial privacy.
During a podcast with Joe Rogan, Altman conveyed sadness about the state of the nation and fears of excessive surveillance. In contrast, he expressed excitement about Bitcoin as a technological advancement toward a globally independent currency. The U.S. government’s stringent regulations have impacted cryptocurrency momentum.
Altman faced criticism for his involvement with Worldcoin, a controversial project aiming to create a database using biometric data in exchange for cryptocurrency.
Despite privacy concerns, Altman defended his role as an advisor and investor, emphasizing the project’s noble vision.
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In response to U.S. government actions, Altman believes the “war on crypto” is disheartening, while Bitcoin represents progress toward financial independence. The government’s regulatory measures have affected cryptocurrency markets.
Altman’s involvement in Worldcoin has drawn scrutiny due to its biometric data collection. Nevertheless, he maintains his role is limited and supports the project’s objectives.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
