Sam Altman Warns US Government Is Waging War On Bitcoin And Crypto And Says There Is A Clear Role For Regulation

The CEO of artificial intelligence (AI) company OpenAI says the US government is waging war on crypto assets.

In a new interview on the Joe Rogan Experience, OpenAI CEO Sam Altman says government actions against digital assets are troubling, 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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