2/3/23: Why Crypto is Here to Stay

Tom Emmer, a member of Congress, just issued a tweet and he said, "Crypto is here to stay. I will keep advocating for policies that advance crypto innovation and adoption in the US because crypto is more than a financial investment. It's about restoring liberty and choice to individuals". Wow. That's brand new coming from Tom Emmer. And he's not alone. Kevin McCarthy, the speaker of the House, way back in 2019, he said, "I like Bitcoin. I want the government to start using blockchain". That was in 2019 when Kevin McCarthy was not the Speaker of the House. Well, now he is, and he's in a much stronger position to dictate that the government in fact start using blockchain. So when you have these major political leaders embracing and endorsing this asset class, well, you know, things are coming. And this isn't just a Republican thing. Democrats, too, are highly supportive. Janet Yellen last year called blockchain technology transformative. Maxine Waters, the ranking minority member of the House Financial Services Committee, she said last summer, "We're in a new digital assets space race. America can't be left behind". And Elizabeth Warren last year said, "Let's do a central bank digital currency. Yes, I think it's time". ----- Brought to you by: Global X ETFs Invesco QQQ Schwab ----- Subscribe to podcast updates The Truth About Your Future website The Truth About Crypto Have a question for Ric? Follow Ric on social media: Facebook Twitter YouTube Instagram Disclosure page