Bitcoin Is Now a Viable Currency and the Government Is Freaking Out – Featured Bitcoin News

Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early web. Noting that now the cryptocurrency is “a viable type of foreign money” that “You can truly purchase issues with,” he stated, “the authorities is freaking out.”

Joe Rogan, Bitcoin, and the Government

Famous podcaster Joe Rogan, the host of The Joe Rogan Experience, talked about bitcoin on his present, posted Tuesday. The present options an interview with UFC gentle heavyweight fighter Khalil Rountree Jr.

The Joe Rogan Experience is one in every of the world’s hottest podcasts with a again catalog of greater than 1,800 episodes — every receiving tens of millions of views usually. In February, The New York Times reported that Spotify paid over $200 million for Rogan’s podcast, which is now solely accessible on the platform.

“I take into consideration bitcoin the identical method I take into consideration the early web,” Rogan instructed Rountree. Noting that the authorities “didn’t see it coming,” he stated:

Now it’s a viable type of foreign money. You can truly purchase issues with it. I feel the authorities is freaking out.

He proceeded to share what he expects the authorities to do, noting that they tried to censor the web throughout the Obama administration. However, “it fell aside as a result of individuals have been livid and uproared, and they thought the political repercussions of it weren’t value it … in order that they backed off of it,” Rogan opined.

The widespread podcaster believes that there might be a time when the authorities will introduce a centralized digital foreign money, just like what China is doing. He pressured:

They are going to attempt to implement a digital foreign money — a centralized digital foreign money that they will management.

Rogan defined that what’s scary about the authorities’s centralized digital foreign money is that they will have a look at you and your conduct on-line and resolve what you’ll be able to and can’t spend your cash on. For instance, the authorities may enable somebody to spend cash on meals however not journey, he warned.

In January, Rogan stated that he “has a lot of hope” for cryptocurrencies, notably bitcoin. However, he admitted at the time that he doesn’t perceive it very properly.

He opined at the time: “What we’re seeing proper now could be, it’s both going to collapse fully or we’re going to make use of this as a chance to proper the ship and provide you with a higher option to stay our lives.”

What do you concentrate on Joe Rogan’s feedback? Let us know in the feedback part under.

Kevin Helms

A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.

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