A lot of attention has been turned to the banking system this year as it battles to keep the economy afloat. The repo market is a huge red flag in the US, yet the government remains staunch in its policies on regulating the crypto industry. Ex-congressman and crypto stalwart Ron Paul has been talking about the future and it is not a pretty picture.
Crypto Could be The Answer
Host Naomi Brockwell sat down with the former congressman at the recent Litecoin summit to get his take on the ongoing battle between government and the crypto industry. In the NBTV interview, Dr Paul kicked off by stating that the government has a responsibility and has been messing up causing the depressions and recessions.
He continued stating that competition is healthy and decentralized digital assets provide that. There is a large responsibility to protect people’s wealth which banks are failing to do due to the massive flaws in the current financial system.
Brockwell acknowledged that Ron Paul was one of the first to attempt to educate people about monetary policy and the actions of the FED, before crypto even really existed. He continued adding that so many more people know what is happening now and…
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Author: Martin Young