central bank digital currency (CBDC) has recently made its way into mainstream discourse as US politicians lash out at the concept.now Bitcoin Advocates rejoiced after prominent public figures Joe Rogan and Post Malone rejected the idea of a “digital dollar.”
recently conversation famous rapper and post malone On the popular podcast The Joe Rogan Experience, the duo discussed the threat government-backed digital currencies pose to society at large.
Asked by Post Malone what he thought of the prospects for a CBDC in the US, Logan replied: I think it’s checkmate. It’s game over. ’” Post Malone also agreed with that sentiment.
of conversation Turning to a dystopian view of society, Logan raises red flags about its potential social credit score Used to monitor and control behavior. The rapper believes a comprehensive tracking system “already exists,” but for Logan, the ultimate goal is for the government to control people’s personal finances.
“They want to be able to take money from you,” Logan said of the US government, suggesting that this would help ensure people’s “compliance.”
Logan said the observance, which has seen billions of downloads of the podcast’s total episodes to date, was prompted by concerns that the government would arbitrarily expropriate people’s money. It is said that
“People don’t want everything they’ve worked for to be taken away overnight,” he said. emphasized that.
There was no mention in the conversation of Bitcoin However, the exchange between the two celebrities has resulted in largely positive reviews from crypto industry leaders and celebrities who generally agree about the potential negative impacts of CBDC.
Custodia Bank CEO Kaitlyn Longalready who throw up Cooperate with the government and exchange ideas with Logan and Post Malone.
“I agree with both Joe Rogan and Post Malone,” she said Decryption. “CBDC will be final as it signifies the end of privacy and the end of property rights in financial assets.”
for Sam CallahanBitcoin analyst at a financial services firm swanthe conversation was welcome.
“It’s encouraging to see someone as popular as Post Malone addressing this important issue on the country’s biggest podcast,” he said. Decryption“demonstrates its penetration into mainstream consciousness.”
This sentiment has recently been pushed into the mainstream by two US presidential candidates from both sides of the aisle.Ron DeSantis and Robert Kennedy Jr..
The latter previously stated that central bank digital currencies are “tool of control,” meanwhile proposed by DeSantis President Joe Biden is waging a “war on Bitcoin and cryptocurrencies”.