In a recent episode of the “Joe Rogan Experience” (JRE) podcast, the American comedian and UFC color commentator said that he loves Bitcoin.
It is estimated that the JRE podcast is downloaded around 200 million times per month, and that it brought Rogan around $30 million last year, making him probably the most successful podcaster in the world.
Rogan’s huge popularity with people of all ages and political beliefs is what pushed music/podcast streaming service Spotify to sign an exclusive multi-year deal with Rogan back in May.
The Cash App, which allows a user to request money from and to transfer money to another user, as well as to buy and sell Bitcoin, is made by Square, a FinTech start up founded in February 2009 by Jack Dorsey (who is also the company’s Chairman and CEO), Jim McKelvey, and Tristan O’Tierney.
Cash App started supporting buying and selling of Bitcoin (BTC) in mid November 2017 in a very limited rollout; the feature was officially launched in late January 2018.
Here is a tweet from Dorsey (who is a huge believer in Bitcoin) announcing the news on 31 January 2018:
According to Bloomberg, on 16 May 2018, Dorsey, who is also a Co-Founder and CEO of Twitter, shared his belief in Bitcoin with a crowd of crypto enthusiasts at the Consensus 2018 conference in New York:
The internet deserves a native currency; it will have a native currency. I don’t know if it’ll be Bitcoin or no, but hope it will be.
On July 14, Dorsey revealed that Square’s Cash App is now sponsoring NASCAR driver Darrell “Bubba” Wallace Jr (aka “Bubba Wallace”):
Going back to Rogan’s comments about the Cash App and Bitcoin, it is worth pointing out that the Cash App has been a major sponsor of the JRE podcast for the past few years.
Anyway, here is what Rogan said during the ads segment of episode #1515 of his podcast:
“You probably already know the Cash App is the easiest way for you to send money between your friends and family without having to hold on to that dirty paper cash, but the Cash App is also the best way for you to buy Bitcoin.
“With the Cash App, you can automatically purchase Bitcoin daily, weekly, or even bi-weekly; [this is] known in the industry as ‘stacking sats’.
“Sats is short for Satoshi, the legendary person who created Bitcoin. I don’t even know if that’s their real name. It’s one of those weird things where the internet has always tried to figure out who it is.
But Bitcoin, what is is for sure, is a transformational digital currency that acts as a decentralized peer-to-peer payment network powered by its users with no central authority.
“I love it.
“I wish it was the way we exchanged currency and maybe it will be in the future…”