Ben Lobb statements on crypto
Two million people in this country are unbanked. This industry is giving people a leg up. We have to make sure that all the technology is in Canada and the innovation is in Canada, so we not only make the lives of Canadians better, but subsequently, give opportunities and livelihoods to people who have never even had a bank account.
Some of the greatest innovation in green energy is actually going to come out of crypto. It is hard to believe, but it is true.
In regard to illicit activity, I am going to say right now that this is the last $20 bill I have. There is more crime done with twenties than will ever be done with cryptocurrency. What I will say is that the amount of crypto crime is decreasing. From 2020 to 2021, it decreased by almost 60%. Why is that? Only a stupid criminal would do a crime with crypto, because it is a public ledger and that wallet has an address.
