OpenAI CEO Sam Altman has expressed concerns over the US government waging war on crypto and control over Bitcoin. In his opinion, this threatens the freedom and openness of global cryptocurrencies, citing CBDCs could intensify industry scrutiny by government. Balancing innovation with regulation is crucial to preserve the essence of crypto, which is freedom and decentralization. he CEO of the firm behind the controversial Worldcoin project worried about the future of the US.
0 narrative after the 2013 Operation Choke Point where the US Department of Justice discouraged financial institutions from doing business with arms dealers and payday lenders among other firms associated with fraud and money laundering. As a side note, Sam Altman’s Worldcoin project is at odds with the Kenyan parliament, cited for exploiting the country’s regulatory gaps.