The Threats of Central Bank Digital Currencies (CBDCs) According to Joe Rogan and Post Malone
Joe Rogan and Post Malone recently discussed the potential dangers of government-backed digital currencies on the “Joe Rogan Experience” podcast. Here are the key points from their conversation:
- Rogan firmly believes that the idea of a U.S. CBDC is a game over and poses a significant threat to society.
- Both Rogan and Post Malone expressed concerns about the possibility of a social credit score system that would monitor and control behavior.
- Rogan emphasized that the government’s goal is to have control over people’s money and the ability to strip them of their wealth.
- They highlighted the fear of the government arbitrarily seizing people’s money as a means to make them comply.
- The discussion did not explicitly mention Bitcoin or cryptocurrency, but the crypto community largely agrees with their concerns about CBDCs.
Crypto industry leaders and personalities have responded positively to Rogan and Post Malone’s views:
- Caitlin Long, CEO of Custodia Bank, agrees that CBDCs would result in the end of privacy and property rights in financial assets.
- Sam Callahan, a Bitcoin analyst at Swan, sees the conversation as a positive sign of CBDCs entering the mainstream consciousness.
Recently, U.S. presidential hopefuls Ron DeSantis and Robert Kennedy Jr. have also expressed concerns about CBDCs, further highlighting the growing opposition to government-controlled digital currencies.