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 itcoin">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 itcoin">Bitcoin, could contribute to the reduction of corruption. He highlighted that digital payments, even if conducted with itcoin">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 itcoin">Bitcoin can be monitored, can significantly reduce corrupt activities.
During the podcast, Joe Rogan also expressed his optimism for itcoin">Bitcoin, despite his skepticism towards the broader cryptocurrency industry. Rogan particularly highlighted the potential for itcoin">Bitcoin to become a universally accepted currency, citing its limited supply and unique mining process.
Altman’s endorsement of itcoin">Bitcoin predates the podcast, as he had previously emphasized the transparency and anti-corruption benefits of transacting in itcoin">Bitcoin in a blog post from a decade ago.
The discussion between Altman and Rogan provides valuable insights into itcoin">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 itcoin">Bitcoin as a revolutionary financial technology continues to gain recognition.
