Joe Rogan Slams CBDC In Latest Podcast: 'No F***ing Way... That's Checkmate'

In a Wednesday episode of the “Joe Rogan Experience” podcast, musician Post Malone joined host Joe Rogan to discuss the potential risks associated with central bank digital currencies (CBDCs). 

What Happened: Malone asked Rogan about his views on the government's digital currency. Rogan strongly opposed CBDCs, stating, “No f**ing way. That’s what I think. That’s checkmate. That’s game over.” Malone agreed, adding, “That is f**ing checkmate.”

A CBDC is a digital form of currency issued and regulated by a country’s central bank. It serves as a digital representation of a nation’s official currency, allowing for electronic payments and transactions.

Expanding on his conversation with Malone, Rogan voiced concerns about the potential implementation of a social credit score system linked to CBDCs. He warned, “If they apply [CBDCs] to a social credit score… and they outline that they can track your behavior and your tweets and all your things, and you get a score.” 

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Why It Matters: Amid growing opposition to CBDCs, Republican presidential candidate and Florida Governor Ron DeSantis criticized the Biden Administration, accusing them of waging a “war” on Bitcoin and cryptocurrencies. 

DeSantis pledged to reverse these policies if he were to become President. Meanwhile, President Joe Biden's approach to cryptocurrencies has thus far been somewhat ambiguous.

Biden in May said that he will not agree to a budget deal that favors wealthy tax cheats and cryptocurrency traders over struggling Americans. In a press conference, he called out Republican lawmakers for protecting wealthy tax cheats and cryptocurrency traders while putting food assistance at risk for nearly one million Americans.

Price Action: At the time of writing, apex crypto Bitcoin BTC/USD was trading at $29,568.83, down 2.50% in the last 24 hours, according to Benzinga Pro.

Photo Courtesy: YouTube

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