CEO of OpenAI Sam Altman is ‘Excited’ About Bitcoin despite the US Government’s Attempts to ‘Control’ it


Sam Altman, CEO of OpenAI, has voiced alarm about the increased regulatory scrutiny of cryptocurrencies by the U.S. government.

The CEO of OpenAI, Sam Altman, is concerned about the effects of the United States government’s approach to cryptocurrency regulation on large assets like Bitcoin.

Altman recently blasted the United States government for its crypto policies and control efforts on the Joe Rogan show. The crypto community, he said, must maintain its will to protect its own interests.

Still, Altman maintained his optimistic stance on Bitcoin, seeing it as a crucial and reasonable global money that is not regulated by any central authority. Joe Rogan has also expressed hope that Bitcoin would eventually be adopted over the world.

The SEC and CFTC have filed lawsuits against prominent cryptocurrency exchanges and wallet providers including Binance and Coinbase as part of a heightened U.S. government crackdown on the sector.

The industry’s relationship with authorities has been further damaged by the delays in authorizing spot crypto exchange-traded funds (ETFs).

Altman warned that such behavior might be harmful to the sector. A cryptocurrency entrepreneur stated: “I’m unhappy about the United States because of the government’s recent actions, especially the “war on crypto,” which represents an attitude of “we can’t give this up; we’re going to control [crypto].”

Also Read: Arthur Hayes predicts the ‘Most Epic’ Crypto bull Market due to AI and Historic Money Printing

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