Joe Rogan Believes the US Government Fears Bitcoin

Joe Rogan Believes the US Government Fears Bitcoin

The famend American podcaster, UFC commentator, and comic – Joe Rogan – mentioned bitcoin reminds him of the Internet in its early days. In his view, it has emerged as a “viable form of currency,” which is a severe concern for the US authorities.

Bitcoin Made the Government ‘Freak Out’

During his most up-to-date podcast episode, Joe Rogan reiterated his assist of bitcoin, asserting that the present standing of the asset is way just like the early Internet:

“I think of bitcoin the same way I think about the early Internet.”

According to Rogan, the US authorities didn’t count on BTC to grow to be a “viable currency” that one can use to purchase issues. As such, the authorities began “freaking out” and at the moment are trying to deal with the scenario.

The UFC commentator doesn’t suppose the American lawmakers will prohibit the employment of cryptocurrencies as they’ve had a foul expertise attempting to impose censorship on the Internet throughout the Obama administration. The transfer induced vital backlash from society and was rapidly withdrawn.

In the case of digital belongings, Rogan expects the US authorities to create a centralized digital foreign money that they will management. However, it will restrict individuals’s purchases and steal their monetary freedom.

In January, the comic predicted that cryptocurrencies might grow to be financial devices that may enhance individuals’s lives. Despite saying he doesn’t perceive them very properly, he praised Bitcoin and Ethereum as the hottest in the house:

“I have a lot of hope for cryptocurrencies, I really do. I don’t know much about them, but Bitcoin and Ethereum seem to be the ones people talk the most.”

Nonetheless, he didn’t rule out the chance of the crypto sector falling aside utterly.

“It’s going to be one or the other,” he assumed.

Joe Rogan, Source: Business Insider

Rogan Sees NFTs as a Hustle

Last yr, he gave his two cents on non-fungible tokens, too, classifying them as a “cryptocurrency hustle,” which doesn’t make any sense.

He rejected the choice of buying digital collectibles, arguing there isn’t any level in spending a big sum of money on such art work when individuals can obtain it without spending a dime:

“Here’s my problem, I can have that photo, and I can have it on my phone.”

Prior to that, the comic Reggie Watts tried to clarify what NFTs are and what deserves they’ve. Rogan, although, mentioned he “understands even less” after the dialogue.

Featured Image Courtesy of SPORF

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