Posted 3 years ago | by Ben Armstrong

Ron Paul believe that traditional banking is fake, and cryptocurrency is the future. Paul made these remarks at the Litecoin Summit this week in Las Vegas.

"The American empire is on its last leg. It's going to be rough." Ron Paul said at the Litecoin Summit on October 28 in Las Vegas. Paul believes that a recession is in the cards. He believes central banking is making a high percentage of money which always leads to a recession.

"Liberty is the answer to so many of our problems," said Ron Paul on why he is interested in monetary issues. "Liberty is not divisive...the government can not come in and work it out. People have to come together and work together."

Paul referenced private property ownership and how it changes society as a whole; giving people the ability to control their own information and rights. This comment was a nod towards the importance of decentralization.

Follow Bitboy Crypto (Cryptocurrency Future) for update from Litcoin Summit.

About Ben Armstrong

ef4f73e9ddeb61becab57469962fa946?s=90&d=blank&r=g Ron Paul at Litecoin Summit: Cryptocurrency is the FutureBen Armstrong is a YouTuber, podcaster, crypto enthusiast, & creator of Better known as BitBoy Crypto, he works hard to educate and inform the crypto community.

Ben has been involved with the world of cryptocurrency since 2012 when he first invested in Bitcoin. He used Charlie Shrem's BitInstant & lost Bitcoin in the Mt. Gox hack.

In 2018, Ben decided to go "full-time crypto" and focus all of his time and energy into expanding the reach of crypto.

If you have any questions or comments please feel free to email him at or contact him on Twitter @BitBoy_Crypto.