In this video, US Congressman Tom Emmer takes on Fox Business and their misinformed views on the cryptocurrency industry. He begins his statement by saying that the idea that all cryptocurrency is a scam is wrong and that, in fact, there are many legitimate uses and applications for the technology. He goes on to explain that many countries around the world, including the United States, are looking at ways to regulate the industry and make it easier for businesses to adopt it. He also notes that cryptocurrency and blockchain technology can be used to secure data, track and verify transactions, and create new opportunities for people who may not have access to traditional banking services. Finally, he encourages Fox Business to do more research and to consider the potential of the industry before making sweeping generalizations.
![Elysian ICO Review! E-commerce on Blockchain [Altcoin/Cryptocurrency]](https://i.ytimg.com/vi/iBcszzBz1ck/hqdefault.jpg "Elysian ICO Review! E-commerce on Blockchain [Altcoin/Cryptocurrency] 8")
