Monarch Founder Robert Beadles says crypto needs an interoperable platform [INTERVIEW]

Robert Beadles, otherwise known as "Crypto Beadles," the founder and president of Monarch, an all-in-one crypto wallet, believes that what the crypto industry needs is an interoperable platform that converts coins into spendable currency.

In an interview with CryptoSlate, Beadles shared his thoughts on the state of the crypto industry and discussed the ways it was being improved.

While the modest Beadles attributes the steady growth of his company to the amazing team behind it, his entrepreneurial drive is what makes Monarch one of the most popular decentralized wallets in the crypto industry.

Listening to a Max Keiser report back in 2011 got him infected with the "Crypto bug," Beadles said.

Decentralized platforms have a tendency to be more daunting to those new to crypto, which is why Monarch is working hard on keeping the platform as user-friendly as possible.

More to crypto than just BitcoinThe growth of the crypto industry deepens the schism between Bitcoin maximalists and the proponents of more diversity in crypto.

Beadles, despite holding around 80 percent of his personal investment in BTC, believes there's more to crypto than just Bitcoin.

This isn't the only bold idea Beadles has-his thoughts on some of the most controversial developments in crypto are overwhelmingly positive.

Governments banning crypto trading is ultimately bullish for crypto, as is Facebook's Libra.

The possibility of crypto mining being banned in China would ultimately benefit the industry, he said, as shutting down large facilities would bring much-needed decentralization to mining.