"I abhor the system we have" says Ron Paul. He has been an advocate for buying gold and silver as a hedge against hyperinflation and an economy crash. Although he is for bitcoin being used as a currency, he says that generally people want something that is tangible. While that is true, the next generation is growing up not needing tangibility to be attributed to value. Nice that Ron Paul, a politician, is speaking up for bitcoin!
Let's talk about it in this video and let me know what you think! :)
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Okay let me spell it out - BITCOIN IS ALREADY LEGAL !!!!!!!
Anybody who doesn't know about Ron Paul should read about him. He is one of the most trustworthy politicians in America. Although I am not an American but have followed his progress for a long time now.
His last presidential campaign was literally shunned by the media for his concerns over Petro-dollar pegging and foreign intervention policies.
Trust me if he says something about money than there is more than enough truth in it for us to take heed.
What Ron Paul means is used as a legal tender. Right now it's classified as an asset and capital gains. Because if it's used as a currency, then it'll take over the dollar.
Thanks for the reply.
There is a lot of confusion about crypto at the moment and it just seemed like the right thing to clarify it.
Thanks for clarification! :)
Informative posts and quick replies.....FOLLOWED.