Sen. Rand Paul sees global role for crypto

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Sen. Rand Paul (R-Ky.) tells me in an interview for Sunday’s “Axios on HBO” that cryptocurrency could eventually replace the dollar as “the reserve currency of the world.”

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Why it matters: The senator says he’s begun to ask that question as more and more people lose confidence in governments, which used to have a monopoly on money.

Context: When Paul ran for president in 2016, he accepted donations in Bitcoin — part of what gave his campaign its youthful appeal.

• Catch the full interview and much more on Sunday, Oct. 24, at 6 p.m. ET/PT on HBO and HBO Max.

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