A well-known Spotify podcaster and commentator, Joe Rogan, recently engaged in a discussion concerning the US central bank, expressing firm opposition to the concept of digital currency being overseen by the central bank of the United States.
On the episode aired on August 8th of the renowned “Joe Rogan Experience” podcast, Joe Rogan and rapper Post Malone engaged in a profound discussion about the U.S. financial system. Within this conversation, Joe Rogan characterized the digital dollar as a potentially detrimental outcome for the people of the United States.
In the course of the podcast, the focus shifted toward the potential challenges that might emerge if the United States were to embrace central bank digital currencies (CBDC).
Notably, the ongoing conversation between Joe and rapper Post Malone coincides with the emergence of discussions about CBDC in the content of U.S. presidential campaigns.
Rogan’s stance on CBDCs was unmistakable, underlining, “No fucking way. No way. That’s what I think. I think that’s checkmate. That’s game over.”
Rogan elaborated on the concept of a controlling government linking a CBDC to tour “social media credit score”. The implication is that if you violate regulations, your funds could be seized.
In addition, Rogan pointed out that if such a system were established with the justification of benefiting society, it could monitor your online activities.
If authorities deem your actions inappropriate, “they can track your behavior and your tweets and all your things […] They just decided you fucked up, and the rules are the rules,”
Malone expressed concerns about the U.S. banking system, highlighting that CBDC insurance safeguards only up to $250,000 in bank accounts.
He contended that the U.S. government possesses excessive authority over the financial affairs of everyday individuals. Moreover, He contended that they could potentially halt funding for anyone whenever they want.
Also Read: Russia’s Central Bank to Test Digital Ruble from August 15
