The famend American podcaster, UFC commentator, and comic â Joe Rogan â mentioned bitcoin reminds him of the Internet in its early days. In his view, it has emerged as a âviable form of currency,â which is a severe concern for the US authorities.
Bitcoin Made the Government âFreak Outâ
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:
âI think of bitcoin the same way I think about the early Internet.â
According to Rogan, the US authorities didn’t count on BTC to grow to be a âviable currencyâ that one can use to purchase issues. As such, the authorities began âfreaking outâ 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 The transfer induced vital backlash from society and was rapidly withdrawn.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 individualsâs purchases and steal their monetary freedom.
In January, the comic predicted that cryptocurrencies might grow to be financial devices that may enhance individualsâs lives. Despite saying he doesnât perceive them very properly, he praised Bitcoin and Ethereum as the hottest in the house:
âI have a lot of hope for cryptocurrencies, I really do. I donât know much about them, but Bitcoin and Ethereum seem to be the ones people talk the most.â
Nonetheless, he didn’t rule out the chance of the crypto sector falling aside utterly.
âItâs going to be one or the other,â he assumed.
Rogan Sees NFTs as a Hustle
Last yr, he gave his two cents on non-fungible tokens, too, classifying them as a âcryptocurrency hustle,â 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:
âHereâs my problem, I can have that photo, and I can have it on my phone.â
Prior to that, the comic Reggie Watts tried to clarify what NFTs are and what deserves they’ve. Rogan, although, mentioned he âunderstands even lessâ after the dialogue.
Featured Image Courtesy of SPORF
Binance Free $100 (Exclusive): Use this hyperlink to register and obtain $100 free and 10% off charges on Binance Futures first month (phrases).
PrimeXBT Special Offer: Use this hyperlink to register & enter POTATO50 code to obtain as much as $7,000 in your deposits.