The U.S. government's "war" on cryptocurrency: OpenAI CEO warns of Bitcoin crisis

Against the backdrop of Bitcoin price fluctuations, OpenAI CEO Sam Altman has issued a warning to the cryptocurrency market, stating that the U.S. government is actively seeking to "control" Bitcoin.

Is the US Government Declaring War on Cryptocurrency?

According to Forbes, Sam Altman expressed his disappointment with the recent actions of the US government on Joe Rogan's podcast. He mentioned concerns about how nations control currency, particularly his "extreme opposition" to central bank digital currencies (CBDCs). While US regulators have discussed the possibility of creating a digital dollar, Federal Reserve Chairman Jerome Powell indicated that it would take several years.

Worldcoin/OpenAI Founder's Public Letter

Powell emphasized the federal role in stablecoin regulation, with CBDCs not in the immediate plans

Despite criticism for supporting Worldcoin, Altman remains optimistic about Bitcoin. The project uses scanning technology to create a database of people and rewards them with Worldcoin WLD.

Altman believes having a global currency not controlled by governments is crucial, while Joe Rogan suggests Bitcoin could become a universal currency.

The Impact of AI on the World

Altman believes:

• Artificial intelligence will bring significant progress to society but may not be entirely beneficial. While it may have a net positive impact, technological and societal revolutions will bring challenges, including unemployment and lifestyle changes.
• The development of AI has been unexpected, initially predicted to replace blue-collar jobs, then cognitive labor, but now seems more likely to first affect creative work before moving backward.
• There is a general belief that AI will eventually replace certain professions, especially in transportation and manufacturing. Solutions such as Universal Basic Income (UBI) may be considered to mitigate unemployment issues. Emphasis is placed on the importance of meaningful work and social participation, not just economic sustenance.
• Considering AI in governance, the idea of an AI government that understands citizen preferences and is unbiased is fascinating but also highlights potential collaboration issues, existing institutional problems, and long development times.
• Discussions about the potential development of Artificial General Intelligence (AGI) suggest that while AGI will advance, its journey of self-improvement and extreme capabilities may be slower than some predictions, allowing for controlled and safer development.