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

OpenAI CEO Sam Altman has called Bitcoin (BTC) a "super logical" measurement connected the tech tree, which is some escaped of authorities power portion helping to combat corruption.

"I’m excited astir Bitcoin,” Altman told Joe Rogan during an Oct. 6 occurrence of The Joe Rogan Experience podcast.

“I deliberation this thought that we person a planetary currency that is extracurricular of the power of immoderate authorities is simply a ace logical and important measurement connected the tech tree."

The OpenAI boss' wide-ranging interrogation with Rogan covered his thoughts connected Bitcoin arsenic a satellite reserve currency and his concerns astir cardinal slope integer currencies (CBDCs).

Altman, who besides serves arsenic laminitis of Worldcoin, said the displacement to a “technologically enabled world,” including Bitcoin, could assistance trim corruption.

Creator of ChatGPT, Sam Altman says, “#Bitcoin is simply a ace logical and important measurement connected the exertion tree” of humanity. pic.twitter.com/2DGDzxIRrm

— Documenting ₿itcoin (@DocumentingBTC) October 7, 2023

“One of the things that I've observed, evidently galore different radical too, is corruption is specified an unthinkable hindrance to getting thing done successful a nine to marque it guardant progress,” said Altman.

“But successful a satellite wherever payments, for example, are nary longer similar bags of currency but done someway digitally and somebody, adjacent if you're utilizing Bitcoin, tin similar ticker those flows," helium said, adding:

“I deliberation that's similar a corruption reducing thing."

Meanwhile, Rogan expressed his ain optimism for Bitcoin contempt skepticism of the wider cryptocurrency industry, saying helium believes it tin go a “universal viable currency.”

“The existent fascinating crypto is Bitcoin. To me, that's the 1 that I deliberation has the astir apt anticipation of becoming a cosmopolitan viable currency. It's constricted successful the magnitude that determination tin beryllium [and] radical excavation it with their ain [computer].”

“That to maine is precise fascinating. I emotion the information that it's been implemented,” Rogan added.

— Dennis Porter (@Dennis_Porter_) October 7, 2023

Altman, however, has been a agelong protagonist of Bitcoin good earlier the podcast. In a blog station dated 10 years ago, Altman argued that a satellite transacting successful Bitcoin would beryllium much transparent.

“A satellite wherever we each transact successful Bitcoin would beryllium overmuch much transparent, and fiscal transparency is great. It’s possibly the happening that would astir trim corruption,” Altman said.

Rogan, Altman ‘very worried’ astir CBDCs, slams U.S. warfare connected crypto

Meanwhile, some Altman and Rogan said they were “super against” CBDCs and expressed interest astir the United States becoming a surveillance state.

Rogan argued that CBDCs could give governments adjacent much control implicit however radical walk their money:

“I'm precise disquieted astir cardinal slope integer currency and that being tied to a societal recognition score. That scares the crap retired of me. The propulsion to that is not for the wide bully of society, that's for control.”

Related: CBDC frameworks indispensable defender idiosyncratic privacy, monetary state — BIS chief

Altman added helium hasn’t been impressed with however the U.S. authorities has treated the cryptocurrency manufacture recently:

“There's galore things that I’m disappointed that the U.S. authorities has done recently, but the warfare connected crypto, which I deliberation is simply a like, we can’t springiness this up, similar we’re going to power this and each that. That's the happening that makes maine rather bittersweet astir the country,” helium said.

Magazine: Asia Express: China expands CBDC’s tentacles, Malaysia is HK’s caller crypto rival