{"id":22870,"date":"2023-08-13T02:14:31","date_gmt":"2023-08-13T02:14:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/no-fucking-way-were-going-digital\/"},"modified":"2023-08-13T02:14:31","modified_gmt":"2023-08-13T02:14:31","slug":"no-fucking-way-were-going-digital","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/no-fucking-way-were-going-digital\/","title":{"rendered":"“No Fucking Way” We’re Going Digital"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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Central bank digital currencies (CBDCs) are catching the attention of many in the U.S., including high-profile figures like Joe Rogan and Post Malone. In episode 2018 of the \u201cJoe Rogan Experience\u201d podcast, which regularly attracts over 11 million listeners, the two voiced their skepticism about the idea of a U.S. digital dollar.<\/p>\n

Rogan bluntly stated, \u201cNo fucking way. No way. That\u2019s what I think. I think that\u2019s checkmate. That\u2019s game over.\u201d<\/em> <\/strong>He went on to paint a picture of a possible future where the government could use CBDCs to control its citizens. He speculated about a system where the government ties access to CBDCs to a social credit score. Rogan warned, \u201cIf they decide you need a social credit score system for society\u2019s benefit and they can monitor your behavior and actions, they can easily decide you\u2019ve crossed a line.\u201d<\/em><\/p>\n

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Post Malone shared his reservations too, noting the limitations of FDIC insurance, which only guarantees bank deposits up to $250,000. He further expressed concerns about the government\u2019s power over individual finances. Highlighting the Canadian government\u2019s past decision to freeze accounts linked to the \u201cFreedom Convoy\u201d truckers, Malone emphasized the risk of governments having unchecked access to people\u2019s money.<\/p>\n

Such worries about CBDCs resonate with many advocates of decentralized cryptocurrencies. Recent discussions about the CBDCs have even reached the political arena, with both Ron DeSantis and Robert Kennedy Jr., two U.S. presidential contenders, speaking out. Kennedy Jr. once said about CBDCs to \u201cgrease the slippery road to financial slavery and political tyranny<\/a>\u201d and DeSantis indicated that there\u2019s an ongoing \u201cwar on Bitcoin and cryptocurrency.<\/a>\u201d<\/p>\n

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Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) Central bank digital currencies (CBDCs) are catching the attention of many in the U.S., including high-profile figures like Joe Rogan and Post Malone. In episode 2018 of the \u201cJoe Rogan Experience\u201d podcast, which regularly attracts over 11 million listeners, the two voiced their skepticism about the […]<\/p>\n","protected":false},"author":5,"featured_media":22871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22870"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22870"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22871"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}