Jason Hartman talks with Richard Rahn, Advisor to former President George HW Bush and Chief Economist of US Chamber of Commerce for Ronald Reagan, about his thoughts on digital currencies and whether they will ever full grab hold in the United States with the power of the government. They also discuss Richard’s time in politics and why he left the White House.
[1:00] When Richard started being interested in what would eventually become cryptocurrency
[8:23] The government could target any one of us because most people are committing crimes they don’t even know about. But going after encrypted peer-to-peer transactions would be impossible
[12:16] Why does Richard think Bitcoin won’t be the answer?
[13:29] Richard’s time in the Reagan and Bush administration