Should big tech be allowed to issue crypto?

If big tech can issue their own currencies for use around the world, what chance is there that macroeconomic control of the national economies of the world can be maintained? The threat of global meltdown is very real.

This is the audio version:

This is the transcript:


In the USA, they’re trying to pass something called the GENIUS Act. But let me assure you, this is not a work of genius. In fact, it’s something very different to that. This is something that is very dangerous, for you, for me, for global financial stability and for the macroeconomic control of any country. This needs to be talked about as a result.

So, what is the Genius Act? It is the Guiding and…

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