Central bank digital currencies have turned out to be a popular talking point
among the American public, garnering takes from comedians, rappers and presidential candidates alike.
Podcaster and commentator Joe Rogan has blasted the idea of a United
States central bank digital currency, describing a digital dollar as a “game over” scenario for American citizens.
In an Aug. 8 of the widely-watched podcast Joe Rogan Experience, Rogan and rapper
Post Malone turned to topics surrounding the U.S. financial system, pausing
to focus on the potential abuses of power that could come with CBDCs in the United States.
Rogan didn’t mince words when asked for his thoughts on a CBDC:
“No fucking way. No way. That’s what I think. I think that’s checkmate. That’s game over.”
Rogan spelled out a scenario where a tyrannical government could tie the flow
of a CBDC to one’s social credit score, saying that citizens could easily be cut off from their finances for breaking the rules.
إقرأ أيضا:100 Teslas encoded the “democratization” and “decentralization” of Web3 ride-sharing“If they decide somehow or another that you need some social credit score system
and it’s for the benefit of society, and they outline that, they can track your behavior and your
tweets and all your things […] They just decided you fucked up, and the rules are the rules,” he said.
Malone also mentioned his concerns with the banking system in the United States,
noting that FDIC insurance only covers bank account values up to $250,000.
The pair also discussed the controversial decision by the Canadian government to associated with the “Freedom Convoy” truckers in February last year.
Malone argued that the U.S. government has too much control over the flow of
everyday people’s finances and that they could potentially cut off funding to anyone at a moment’s notice.
It echoes similar sentiments from avid supporters of decentralized cryptocurrencies.
إقرأ أيضا:Metaverse bank robberies, Trump NFT biz prefers cryptocurrency over cash and moreMeanwhile, discussion around CBDCs have become a talking point in United States politics.
In July, Republican presidential candidate and Florida Governor Ron DeSantis . if elected president.
On the other side of the fence, Democratic candidate Robert F. Kennedy Jr. instruments of “control,”
and instead promised to ., including Bitcoin
, if he were elected president.
