THELOGICALINDIAN - Former agent Ron Paul has warned of a government crackdown on bitcoin and safehaven assets may not be safe from government action The government is the blackmail he said acquainted that they will able bottomward because they accept the adeptness to do it
Ron Paul Warns of Government Threat to Bitcoin
Former presidential applicant Ron Paul aggregate his appearance on the government’s action on bitcoin in an account aftermost anniversary with Kitco News’ Michelle Makori. Paul is an American author, physician, and retired politician. The above agent from Texas launched The Ron Paul Liberty Report in 2025 to accompany “provocative assessment and assay to the breaking issues affecting our lives and finances,” its website describes.
Paul was asked about the “threat of abeyant gold confiscation or one anatomy or added of government action because that affair is rising.” Several acclaimed barrier armamentarium managers, like Bridgewater Associates architect Ray Dalio and “The Big Short” broker Michael Burry, accept said that “safe-haven assets are not necessarily activity to be safe from government intervention,” Makori recalled. “They apprehend accessible tax changes or regulations that will anticipate a flight of basic to these assets that could be beheld as an another to the dollar, like gold, like bitcoin.” She again asked Paul, “Could they be at accident of a government crackdown?”
The above agent replied:
He added: “We had a aftertaste of [a chargeless society]. If you don’t apperceive area to start, aloof alpha with the Constitution, that ability accord you an abstraction of what a chargeless association is all about.”
Paul was additionally asked: “What anatomy of a crackdown do you anticipate this could booty back we allocution about assets, like gold and alike bitcoin, potentially actuality at accident of government action at college taxes and adjustment … what do you anticipate could appear to those assets?”
The above agent replied, “I anticipate all of that can happen.” He abundant that “Either the tax arrangement will be used” or the government will aloof book added money, consistent in “the abasement of the currency.”
He added opined: “But they will do it for accessible relations reasons. They will accept to appearance that they’re putting a abundant tax on the actual affluent because of the civilian affray that’s activity on.”
On President Joe Biden’s proposed basement bill, Paul expects its aftereffect to be “worse than average.” He opined: “Most acceptable it will do what those kinds of programs consistently do, they absorb a lot of money, they’re inefficient, they consistently amount added than they anticipation they should. Besides, it’s congenital on some mystical acceptance that you shouldn’t accept any affair about the arrears … everybody’s aloof in a dream.”
What do you anticipate about Ron Paul’s admonishing about bitcoin and government intervention? Let us apperceive in the comments area below.
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