Regardless of its astronomical rise lately, Joe Rogan is not bought on the legitimacy of cryptocurrency and made his ideas identified throughout a latest episode of the JRE podcast.
Spearheaded by Bitcoin, cryptocurrency has taken the world by storm and more cash is being funneled into the marketplace for financial achieve. Towards the top of 2024, Bitcoin bypassed the $100k milestone, which means the value of 1 single coin has gone from 1000 occasions lower than the USD to 100,000 occasions bigger than it.
Whereas many within the MMA world are concerned with cryptocurrency, Joe Rogan nonetheless has some main issues.
“Properly, it is like, what are the principles?” Rogan stated relating to the widespread scandals surrounding cryptocurrency. “What are the principles by way of, are you allowed to [pump and dump]?”
“Is that unethical however authorized? Are you allowed to have a meme coin after which it will get to love $100 million, you could have a bunch of it and also you simply promote all of it and also you make $50 million? Are you allowed to do this?”
Rogan claimed he would by no means connect his identify to a crypto market regardless of beforehand receiving presents.
“I’ve by no means promoted any of these. I’ve had presents to advertise issues like that, I am not .”
“I do not even perceive it. If I do not even perceive it, such as you’re promoting what? You are promoting NFTs, what does that imply? ‘It is a non-fungible token.’ We’re completed. I do not know what you are saying…”
Associated: UFC fighters react to Bitcoin hitting $100k
Joe Rogan later questioned the authenticity of the digital foreign money.
“There are wild studies in regards to the quantity of corruption that this cash is experiencing.”
“This cash has in all probability gone by extra folks’s noses and are available out of extra folks’s d***s. The place is that this cash going?”
“It is a lot, there isn’t any method it is 100% environment friendly.”
Take heed to Joe Rogan’s ideas about cryptocurrency under.