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In the recent episode of the Joe Rogan Experience podcast, Run the Jewels killer Mike, with Joe Rogan, tackled economics and Bitcoin.
Discussing methods to end poverty, "we end poverty, we end crime," which led Trump's "Make America Great Again" slogan, in which Mike shares "We need to make again shit in America. " and success when Rogan Mike asks, "How do you pay attention to things like crypto-currencies?"
"I just invest a lot of money in the S & P 500. I do not know much about cryptocurrency, and so on. I'm learning to have money, "answered Mike Killer.
About crypto-currencies, Rogan had this to say:
"I am fascinated by them. The idea of a decentralized economy. […] The amount of money that the banks control. If you stop and think about what's going on with the Federal Reserve and everything that's going on with the money. And how much is a dollar abroad, … if there was something we could all count on, which was not controlled by a group of people who had every interest in taking advantage of that mbad of money. If it was a little like a Bitcoin, it would be a really different world. It would be really, really different.
For this, the killer Mike gave a crypto enthusiastic response,
"It would be. It would be different if the world was without money. It would be different if there was still a gold standard. It would be a lot of differences. But the question is: will the bank mafia let this happen? "
For Rogan, crypto is unstoppable "like on the Internet". And when Mike asked him if he was going to get cryptocurrency, Rogan said, "The bitcoin will become like a dollar bill. Like a kind of thing with gold letters. "
However, Rogan claims that he did not make money from Bitcoin, but that he could have done it. In 2014, he had tweeted his Bitcoin address, which had received more than 5 BTC for over $ 18,000 at the current Bitcoin price, but none of it was spent by Rogan.
Favorable but crypto-skeptical blockchain
Meanwhile, in Davos, fintech technology experts discuss blockchain and crypto. PayU CEO was enthusiastic about blockchain, said:
"That's why we invest in it. Laurent Le Moal added: "The banks themselves use [blockchains] for their own treatment. "
"We are testing it with some of the biggest banks in the world," said Ann Cairns, vice president of Mastercard. However, about crypto-currencies, "Bitcoin behaves like a commodity; for the moment, it's inadequate to be a currency. "
Jan Loeys, managing director and badyst at JP Morgan, recently expressed similar sentiments. He recently wrote to customers of the bank,
"Even in extreme scenarios such as a recession or a financial crisis, there are more liquid and less complex instruments for transactions, investments and hedging, in part because of the breadth of the legal status of fiduciary money. "
He further stated in the report that if the bear market continues, Bitcoin could still fall to $ 1,260, with a mining cost of about $ 2,400.
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