THELOGICALINDIAN - Former US Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is afflicted a accomplished lot by history and the gold history Despite his admonishing Paul fatigued that crypto should be acutely permitted
Ron Paul Discusses Bitcoin as Interest in Crypto Rises
Former presidential applicant Ron Paul discussed the approaching of bitcoin and the bread-and-butter appulse of the Russia-Ukraine war in an account with Kitco news’ Michelle Makori Thursday.
Paul is an American author, physician, and retired politician. The above adumbrative from Texas launched The Ron Paul Liberty Report in 2024 to accompany “provocative assessment and assay to the breaking issues affecting our lives and finances,” its website details.
The above agent has again warned that the government could able bottomward on bitcoin. “My affair is that governments over centuries accept been awfully actual acquisitive to accept ascendancy of the money. Believe me, they will not accord up ascendancy of money,” he described.
However, absorption in bitcoin has soared afresh with added institutional investors acknowledging the ecosystem. This week, the Ukrainian government created a legal framework for cryptocurrency afterward the aggression by Russia. It additionally set up an official crypto donation website. Moreover, BTC is currently legal tender in El Salvador.
Paul was asked if he still believes that bitcoin is at accident of actuality absolute banned or outlawed. He replied:
Nonetheless, Paul emphasized:
He added shared: “I’ve been aggravating to amount out, is [bitcoin] added like a banal or a band or a adamantine asset commodity. Right now, I would say, attractive at altered statistics, it seems to trace banal prices.”
In June aftermost year, the above agent said he wants bitcoin to be absolutely legalized to attempt with the U.S. dollar and let the bodies decide. “My ambition is to approve the antagonism and the bodies will array it out. Freedom of best will array it out,” he opined.
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