I have a lot of hope for crypto

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The American comedian, UFC commentator and host of one of the best Spotify podcasts – Joe Rogan – has said that cryptocurrencies could become a financial instrument that improves people’s lives. However, he did not rule out the possibility that the industry could “completely collapse”.

Much hope for cryptocurrencies

During his recent podcast, Joe Rogan interviewed Adam Curry – a leading Internet entrepreneur and media personality. The duo discussed the merits of digital assets and their implementation in the future monetary system.

Rogan doubled down on his support for the cryptocurrency industry, and more specifically, Bitcoin and Ethereum. According to him, these two assets are the most appreciated by the company:

“I have a lot of hope for cryptocurrencies, really. I don’t know much about them, but Bitcoin and Ethereum seem to be the ones people talk about the most.

He also considered two possible scenarios for the crypto world.

“Either it’s going to collapse completely, or we’ll take the opportunity to right the ship and find a better way to live our lives.” It will be one or the other, ”he said.

Joe Rogan, Source: Bloomberg

His guest Adam Curry explained the difference between Bitcoin and alternative coins. He admitted that he is only investing in the main cryptocurrency as there will only be 21 million coins.

“It can’t be inflated, and you can’t say the same for Ethereum,” said the 57-year-old American.

Additionally, Curry pointed to the flaws in the current financial network, saying it is “broken, causing inflation, misery” and even wars. He concluded that being on the “bitcoin train” could provide protection against unfavorable reality.

What about NFTs?

They also discussed the role of non-fungible tokens (NFTs) in the future financial network. Rogan believes that at some point, companies could launch their own digital collectibles, which customers should use to purchase their products:

“Apple could easily do it. It’s almost like another version of stocks or something.

It should be noted that last year he had a rather different stance on NFTs, calling them a “cryptocurrency hustle, which makes no sense.”

According to Curry, however, the chances of that happening are low. Instead, he predicted that governments will set their sights on central bank digital currencies (CBDCs).

“You will have the crypto. You will have a digital wallet. It will be directly from the Federal Reserve to you.

Featured Image Courtesy of Politico

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