Fmr House Speaker Paul Ryan’s Solution to the U.S. Debt Crisis

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.

TIMESTAMPS

0:00 Intro
2:24 Why Politics Are Messier
4:49 Being Speaker of the House
8:40 Paul’s WSJ Stablecoin Op-Ed
13:59 Paul’s Intro to Crypto
16:06 U.S. Debt Crisis
23:18 Losing Reserve Currency
25:42 CBDCs vs. Stablecoins
33:02 KYC Stablecoins & Legislation
38:23 Anti-Crypto Army
41:12 Is the Left Anti-Crypto?
45:59 Right vs. Left Crypto Adoption
50:46 Kamala vs. Trump
53:45Advice to Bankless Listeners
56:15 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 ⁠