Ron Paul Doesn't Believe Bitcoin is "True Money"
Have you heard? Ron Paul is now on Quora - a popular question-and-answer website. The 78-year-old politico has been answering questions, and revealed on Wednesday his true feelings on the emerging digital currency we know as bitcoin. "Bitcoin is a very interesting subject because for many years in Congress I was a champion of legalizing competition in currencies," he wrote in the opening line in his response to the question: Bitcoin: Why does Ron Paul think Bitcoin does not fit the definition of money? Paul has made no secret that he feels today's monetary system isn't quite what it should....
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Former member of the US House of Representatives Ron Paul does not believe bitcoin is 'true money,' but he is still a big fan of the concept. Ron Paul is one of the most prominent libertarians on the US political scene. Much of the libertarian movement is in favour of digital currencies, either through active support and endorsement, or by advocating no government interference and regulation. Ron Paul even got the distinction of having an altcoin named after him. He never shied away from controversial issues and he never kept his love of bitcoin a secret. Paul's views on the state of our....
Former U.S. congressman Ron Paul says that he wants to legalize the dollar’s competition, including bitcoin, and let the people decide which money to use, not the government. “Freedom of choice will sort it out,” he said. Ron Paul Wants to Legalize Bitcoin as Money to Compete With Dollar Former presidential candidate Ron Paul discussed bitcoin as an alternative asset in an interview with Kitco News’ Michelle Makori Wednesday. Paul is an American author, physician, and retired politician. The former congressman from Texas launched The Ron Paul Liberty Report in 2015....
Soon after launching his presidential bid with an energetic speech, Senate Rand Paul proved himself a true republican by further announcing to accept campaign donations in Bitcoin. A digital currency that propagates financial decentralization, Bitcoin was born out of the ashes of 2008 financial crisis. It was launched as an alternative to monopolized banking sector, for it allowed people to be the true owner of their money by cutting money-eating middlemen from the overall transactions. It also rose to fame by maintaining transparency by listing all the successful transaction on a public....
Former congressman Ron Paul believes Bitcoin should be regulated and taxed the same as money. Former presidential candidate and congressman Ron Paul has renewed calls for Bitcoin to be legalized as money and not taxed. Paul is a staunch libertarian and author of the Bitcoiner favorite “End the Fed,” who has advocated for the legalization of Bitcoin and other cryptocurrencies in the past. The former congressman has also regularly taken aim against the Federal Reserve for its unchecked money printing since the pandemic began. Ahead of his appearance at the Miami Bitcoin conference on June 3,....
Prediction markets sound crazy. People “bet” on what the future will be, and the reported results end up accurate predicting the future. Truthcoin's Paul Sztorc, a decentralized prediction market pioneer, recently joined Epicenter Bitcoin to chat about how the future might look if these markets get off the ground. But first, he explained how prediction markets, such as Truthcoin, work. As Sztorc put it, “a prediction market is a market for buying and selling predictions just like you can buy and sell anything you want—orange juice or milk.” Users put their money where their mouth is; they....