The Joe Rogan Experience is a popular podcast, which has over 1,200 episodes as of 15th January and has seen many famous faces go onto the podcast including the Tesla founder, Elon Musk. In the most recent episode of the Joe Rogan Experience, Rogan and Killer Mike of the rap group, Run the Jewels discuss economics throughout the podcast with Mike leading to the conversation to Bitcoin saying, “we end poverty, we fix crime.”
The Run the Jewels rapper goes on to talk about ways to end poverty. Mike does a play on words with Donald Trumps ‘Make America Great Again’ but instead says “we need to make sh*t in America again”. Saying this echoes several political and economic pillars who wish to stimulate American manufacturing again. As many people know, the President of the US kicked off a tariff war with China over the past year with mixed results.
As reported by CCN, the conversation went on for a while but on the subject of cryptocurrencies, Killer Mike starts by saying, “I just put lots of money into S&P 500s. I don’t know a lot about cryptocurrency and stuff. I’m learning how to have money.”
Following on from this, Rogan brings it up himself saying:
“I’m fascinated by them. The idea of a decentralized economy.” Rogan goes on to say, “the amount of money that banks control. If you just stop and think about what goes on with the Federal Reserve and what goes on with all the money. And how much a dollar is worth overseas,… if there was a thing that we could all rely on that wasn’t controlled by a group of people who have a vested interest in profiting off this pile of money. If it was sort of a Bitcoin-like thing, it would be a really different world. It would be really, really different.”
In true crypto enthusiast fashion, Killer Mike responds whether he knows it or not saying, “it would. It’d be different if the world was money-less. It would be different if there was a gold standard again. It’d be a lot of differences. But the question becomes, is the banking mafia of sorts ever going to let that happen?”
Even though he could have, Rogan says that he didn’t make a lot of money of Bitcoin. He has known about it for years though, even before the surge of price in 2017.
Rogan has said that he believes Bitcoin and cryptocurrency are unstoppable, in a similar way to the internet - it’s bound to happen.
What are your thoughts? Let us know what you think down below in the comments!