OpenAI CEO Sam Altman discussed a range of cryptocurrency topics on The Joe Rogan Experience podcast. Altman praised Bitcoin's potential in the tech and finance industries, its decentralization, and independence from government control, highlighting its role in promoting global transparency and curbing corruption.
In the same conversation, Altman expressed concern over an intensifying regulatory environment in the wake of the FTX exchange collapse. This event triggered legal actions by the US Securities and Exchange Commission (SEC) against other exchanges such as Binance and Coinbase (NASDAQ:COIN). Altman criticized these government interventions in the crypto market, voicing worries about Central Bank Digital Currencies potentially being linked to social credit scores.
Altman also spoke about his own cryptocurrency venture, Worldcoin, which was launched in July. The project uses iris scans for fair distribution of its WLD tokens. Despite sparking controversies and facing scrutiny in France and Germany over data security practices compliance, Worldcoin has assured that iris images are promptly deleted after the creation of iris codes to prioritize user privacy. The company asserts no personal data is tied to these scans.
The conversation also touched on Senator Elizabeth Warren's proposed crypto bill aimed at addressing issues like money laundering and terrorism financing linked to cryptocurrencies. However, details about this discussion were not provided in the context.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.