Sam Altman, the brain behind Worldcoin ($WLD) and ChatGPT, is sounding the alarm bells. 🔍
He’s pointing fingers at Uncle Sam, suggesting the U.S. government’s tightening grip on crypto is nothing short of declaring “war” on the industry.
In a candid chat on Joe Rogan’s podcast, Altman expressed his dismay, “The U.S. government’s recent moves, especially its crypto clampdown, genuinely saddens me. It feels like they’re saying, ‘We won’t let this go; we need control’.”
Rogan chimed in, highlighting Bitcoin’s potential as the future universal currency. “It’s intriguing, limited, and mined by individuals. What’s not to love?”
Altman, nodding in agreement, shared his Worldcoin journey, emphasizing the significance of a global currency beyond governmental clutches. “It’s a logical evolution in the tech world,” he remarked.
While discussing the regulatory aftermath of crypto giants like FTX crumbling, Altman clarified he’s not against regulations. “But let’s be real, the existing rules didn’t exactly save the day.” 😆
On the topic of Central Bank Digital Currencies (CBDCs) and the looming surveillance state, Altman voiced his concerns. “A world where every transaction is under the microscope? That’s unsettling.” Rogan concurred, expressing his apprehensions about CBDCs linked to social credit scores.
Galaxy Digital’s Michael Novogratz even termed the industry as “under assault” by U.S. watchdogs. And let’s not forget Senator Elizabeth Warren’s push to regulate crypto’s darker uses.
Worldcoin, despite its innovative approach, hasn’t been free from scrutiny. Their eyeball-scanning Orbs raised eyebrows, leading to operational halts in countries like Kenya. While Worldcoin assures data privacy post-iris scan, the jury’s still out on this one. 🌍