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Joe Rogan: The Government is Freaking Out and Bitcoin is Now a Viable Currency

Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out

Joe Rogan is the host of The Joe Rogan Experience. He likens bitcoin with the early internet. Noting that now the cryptocurrency is “a viable form of currency” that “You can actually buy things with,” he said, “the government is freaking out.”


Joe Rogan, Bitcoin, and the Government

Famous podcaster Joe Rogan discussed bitcoin on Tuesday’s Joe Rogan Experience. This episode features an interview with Khalil Rountree Jr , UFC light-heavyweight fighter.

The Joe Rogan Experience is one of the world’s most popular podcasts with a back catalog of more than 1,800 episodes — each receiving millions of views regularly. In February, The New York Times reported that Spotify paid over $200 million for Rogan’s podcast, which is now exclusively available on the platform.

” I think about bitcoin in the same way that I think about early internet,” Rogan said to Rountree. Rogan stated that the government had “not seen it coming” and said:

Now it’s a viable form of currency. It can be used to buy goods. The government seems to be panicking.

He shared what he expected the government to do. He noted that the Obama administration tried to restrict access to the internet. Rogan stated that the internet was censored during Obama’s administration, but it “fell apart because people were furious, uproarious, and they believed the political repercussions were not worth it… so they backed away from it.”

The popular podcaster believes there will come a day when the government will create a central digital currency similar to that used by China. He stressed:

They are going to try to implement a digital currency — a centralized digital currency that they can control.

Rogan said that the scary thing about the government’s central digital currency is that they can see you online and determine what you can spend your money on. He warned that the government could allow people to travel but not for food.

In January, Rogan stated that he has “a lot of hope” about cryptocurrencies, especially bitcoin. Rogan admitted that he didn’t fully understand cryptocurrency at the time.

He stated that he was observing the following: “What we are seeing is that it’s either going down completely or we’re going with the opportunity to right the ship, and come up a better way of living our lives .”

What do you think about Joe Rogan’s comments? Comment below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests include Bitcoin security, open source systems, network effects, and the intersection of cryptography and economics.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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