The Feasibility and Implications of a United States Central Bank Digital Currency (CBDC)

This chapter analyzes the potential impact of a CBDC on American citizens, exploring viewpoints from Joe Rogan, Post Malone, and Robert F. Kennedy Jr. The podcast discusses the feasibility of backing the US dollar with hard assets like Bitcoin and the dangers of reform that could lead to a deflationary spiral. It also critiques the belief that Bitcoin is a solution to the issues with fiat currency and raises concerns about technical and fundamental problems of using cryptocurrencies in the current monetary system.