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How Crypto Fixes U.S. Debt | Fmr Speaker Paul Ryan
Manage episode 436707075 series 3563038
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It’s been a while since former Speaker of the House Paul Ryan was in the public spotlight, but in this episode, we discover his surprising stance: he’s bullish on crypto! In fact, he believes that crypto could be crucial in staving off a U.S. debt crisis. We dive deep into his core argument and explore a range of related topics, such as: - America’s debt crisis - The potential loss of the U.S. reserve currency status - How crypto could help the U.S. stay ahead of China - Why the left is anti-crypto - Crypto under a Trump vs. Kamala’s administration
This episode highlights how crypto is becoming an essential issue in Washington. Tune in for a comprehensive look at crypto’s growing influence on U.S. politics and beyond.
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------ TIMESTAMPS
0:00 Intro 5:11 Why Politics Are Messier 7:36 Being Speaker of the House 11:27 Paul’s WSJ Stablecoin Op-Ed 16:47 Paul’s Intro to Crypto 18:54 U.S. Debt Crisis 26:05 Losing Reserve Currency 28:29 CBDCs vs. Stablecoins 38:06 KYC Stablecoins & Legislation 43:27 Anti-Crypto Army 46:16 Is the Left Anti-Crypto? 51:03 Right vs. Left Crypto Adoption 55:50 Kamala vs. Trump 58:49 Advice to Bankless Listeners 1:01:18 Closing & Disclaimers
------ RESOURCES
Paul Ryan https://x.com/speakerryan
WSJ Article https://www.wsj.com/articles/stablecoins-could-stave-off-a-us-debt-crisis-china-digital-currency-c491d717
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
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