Joe Rogan-cryptocurrency industry could be the key to a decentralized future.

Joe Rogan and Adam Curry
image from youtube.com

Key Takeaways:

  • Joe Rogan, the UFC commentator, comedian and podcaster, hosted the ‘podfather’ Adam Curry again on Jan 8.
  • The pair discussed the cryptocurrency industry, along with the Metaverse and its possible future.

YEREVAN (CoinChapter.com) – Joe Rogan has long become a household name thanks to his podcast, The Joe Rogan Experience. As of publication, the podcast counted 1,764 episodes, with guests ranging from Tim Pool, a controversial journalist and Youtuber, to Bret Weinstein, a biology professor at Evergreen State College, and Oliver Stone, the Oscar-winning director, and author.

The podcast and Joe Rogan himself got a lot of heat lately for allegedly spreading misinformation on Covid-19 treatment. The Guardian called it a “menace to public health,” as 270 doctors wrote an open letter to Spotify, intending to take the podcast down.

However, as the episodes continue, more guests come to the show from all walks of life.

Joa Rogan and Adam Curry

On Jan 8, the Joe Rogan Experience hosted Adam Curry, an Internet entrepreneur, pioneer podcaster, and media personality. The pair discussed Jack Dorsey, the former CEO of Twitter, and the reasons behind his resignation. Mr. Curry suggested that Twitter’s ex-CEO is a decentralization pioneer for media and financial institutions.

In hindsight, Mr. Dorsey was a guest on the podcast as well, back in 2019. He discussed his Cash App, which was launched by his company Square (now Block) in 2013, and was the first to offer direct Bitcoin purchasing capabilities. Fast forward to 2021, the app generated $1.8 billion gross profit in 2021 and reported 70 million annual transacting users.

Decentralization and money

Adam Curry’s discussion mainly revolved around decentralization as a concept and how the cryptocurrency industry supports the realization of that concept.

The money system is broken. It causes the inflation, it causes the misery.It causes wars because it’s linked to oil and we have to protect that sh*t, it’s f*cked up. If we continue to be in the [current banking system], we’re f*cked.

said Mr. Curry

Both the host and the guest expressed opinions that the cryptocurrency industry could be the key to a decentralized future.

I have a lot of hope for cryptocurrencies, I really do. I don’t know too much about them, but Bitcoin and Ethereum seem to be the ones that people ‘in the know’ talk about the most. […] It’s either going to fall apart completely, or we are going to use it as an opportunity to come up with a better way to live our lives.

commented Joe Rogan.

Also read: 4 Bitcoin indicators that show why BTC price won’t go back to $69K in 2022.

The discussion then transitioned to the idea of transhumanism, or human enhancement, and the Metaverse. Mr. Curry recalled the 1992 science fiction novel “Snow Crash” by American writer Neal Stephenson, where hyperinflation destroyed the US dollar value and the Metaverse effectively took over the ‘real world.’

Metaverse is closer than we think?

Among many ideas the podcast episode brushed over, the Metaverse and its future were one of the most pivotal. If the concept was closer to science fiction in the ’90s, it is today’s reality.

Several blockchain-based companies forayed into the cryptocurrency industry with a bang, making outstanding profits amid market stagnation in Q3-Q4 2021. The leading Metaverse token with the largest market cap is Decentraland (MANA), with $5.5 billion on Jan 18. Axie Infinity (AXS) and Sandbox (SAND) follow, with $5.0 and $4.4 billion market caps, respectively.

Top 5 Metaverse tokens.
Top 5 Metaverse tokens. Source: CoinMarketCap.com

Also read: Walmart to launch a cryptocurrency: Plans to enter the Metaverse with NFTs.

Several large retail companies have made steps in the Metaverse direction as well. Retail giant Walmart was the latest to jump on the bandwagon, preparing to manufacture and sell virtual goods. As CoinChapter reported on Jan 17, Walmart filed for seven trademark patterns with plans to create and issue a cryptocurrency.

The Metaverse could have the potential to change work and entertainment. As more and more companies join in, the public follows, finding new and profitable ways to participate.

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