Altman emphasized the significance of having a global currency outside the jurisdiction of any government, stating that it represents a crucial and logical evolution in technology. He further discussed Bitcoin as a potential world reserve currency and expressed his concerns regarding central bank digital currencies (CBDCs).
As the founder of Worldcoin, Altman stated that embracing a technologically driven world, including the use of Bitcoin, could contribute to the reduction of corruption. He highlighted that digital payments, even if conducted with Bitcoin, offer transparency that limits corrupt practices.
Altman noted the inhibiting impact of corruption on societal progress, saying, “Corruption is such an incredible hindrance to getting anything done in a society to make it forward progress.” He believes that a shift towards digital payments, where even flows in Bitcoin can be monitored, can significantly reduce corrupt activities.
During the podcast, Joe Rogan also expressed his optimism for Bitcoin, despite his skepticism towards the broader cryptocurrency industry. Rogan particularly highlighted the potential for Bitcoin to become a universally accepted currency, citing its limited supply and unique mining process.
Altman’s endorsement of Bitcoin predates the podcast, as he had previously emphasized the transparency and anti-corruption benefits of transacting in Bitcoin in a blog post from a decade ago.
The discussion between Altman and Rogan provides valuable insights into Bitcoin’s potential as a global currency that operates independently of governmental control, while simultaneously addressing corruption concerns. With their support and endorsement, the significance of Bitcoin as a revolutionary financial technology continues to gain recognition.
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