Bank AI

Read

The entertainment industry is diving into the Central Bank Digital Currencies (CBDCs) debate, with Joe Rogan and rapper Post Malone expressing their concerns. 
On the “Joe Rogan Experience” podcast, which boasts over 11 million listeners per episode, the two discussed CBDCs. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 .<a href="https://twitter.com/joerogan?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@JoeRogan</a> Says ‘No F*cking Way’ to Central Bank Digital Currency: “That’s Game Over”<a href="https://twitter.com/PostMalone?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@PostMalone</a> asked <a href="https://twitter.com/joerogan?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@JoeRogan</a>, “So how do you feel about the government’s digital currency that they’re working [on]?” Rogan answered, “No f*cking way. No way. That’s what I think. I think… <a href="https://t.co/OvQ7Cw1o4E" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/OvQ7Cw1o4E</a>— The Vigilant Fox 🦊 (@VigilantFox) <a href="https://twitter.com/VigilantFox/status/1689015119764672514?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 8, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
Rogan described the idea as a “game over” for Americans, hinting at the potential for abuse of power and surveillance. 
He even speculated about a future where CBDCs could tie into social credit scores, enhancing government oversight. Post Malone shared these apprehensions, emphasizing the possibility of governments controlling individual finances. 
 You might also like: <a href="https://crypto.news/us-congressman-proposes-to-ban-cbdc/" rel="noopener noreferrer nofollow"> US сongressman proposes to ban CBDC </a> 
The wider conversation on CBDCs is growing. 
While crypto enthusiasts advocate for decentralized currency systems to preserve financial autonomy, politicians are joining the debate. 
Florida Governor and Republican nominee Ron DeSantis pledged to ban CBDCs if elected. At the same time, Democratic candidate Robert F. Kennedy Jr. suggested backing the US currency with assets like Bitcoin, viewing CBDCs as potential control mechanisms. 
The discussion intensifies as prominent sector figures voice their opinions on government-issued digital currencies. 
 Read more: <a href="https://crypto.news/kennedy-jr-is-against-bidens-crypto-tax-plan-raises-privacy-concerns-about-cbdcs/" rel="noopener noreferrer nofollow"> Kennedy Jr. is against Biden’s crypto tax plan, raises privacy concerns about CBDCs </a>

Joe Rogan and Post Malone criticize US CBDC

crypto.news

Other articles published on Aug 11, 2023

VARA and DET Sign MoU to Set the Industry Benchmark for Virtual Asset Market Assurance Standards

Giant Cryptocurrency Exchange Rises To A Leader Position In The USA By Overtaking Coinbase!

Beyond Digital Art: How NFTs are Reshaping Education and Online Learning

Whales heavily accumulate CRV tokens as price declines following security breach

XRP Token Price Rose $50 Due to ‘Glitch’ in Gemini Post-Relisting

Santiment Highlights Newly Observed Data For Chainlink (LINK)

Join our free newsletter for daily crypto updates!