Ron Paul still believes the government could outright ban bitcoin citing gold history. crypto cryptocurrency $BTC
Ron Paul Cautions Government Could Still Ban Bitcoin — Says He's Influenced 'a Whole Lot' by History
Former U.S. Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is “influenced a whole lot by history and the gold history.” Despite his warning, Paul stressed that crypto “should be obviously permitted.”Former presidential candidate Ron Paul discussed the future of bitcoin and the economic impact of the Russia-Ukraine war in an interview with Kitco news’ Michelle Makori Thursday.
Paul is an American author, physician, and retired politician. The former representative from Texas launched The Ron Paul Liberty Report in 2015 to bring “provocative opinion and analysis to the breaking issues affecting our lives and finances,” its website details. The former congressman has repeatedly warned that the government could crack down on bitcoin. “My concern is that governments over centuries have been notoriously very eager to have control of the money. Believe me, they will not give up control of money,” heHowever, interest in bitcoin has soared recently with more institutional investors supporting the ecosystem.
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