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Ron Paul wants to legalize Bitcoin to compete with the dollar

Ron Paul said he is concerned about their government’s power and command over the dollar.

One of the former US congressmen, Ron Paul, participated in a interview which was held between him and Michelle Makori of Kitco News on Wednesday. In the interview, Ron Paul stated a strong desire that he would like Bitcoin to get involved with the dollar  and become legal to do a competition with it.

Ron Paul is from Texas and also one of the well-known former politicians, writer and physician. In 2015, he also started The Ron Paul Liberty Report, in order to provide irritating analysis and opinions on the issues that often impact people’s lives and financial conditions.

In the interview, he was asked to share his opinion about Bitcoin. He stated that he has more knowledge about money that is in the form of metals rather than cryptocurrencies. However, he also mentioned that he is fascinated by cryptocurrencies and also their future. During this, he commented that he would like and will try to make freedom of choice legal. To this, he also added that the public must be the ones who make the decisions in the government’s place.

On Friday, he will be one of the speakers at the conference Bitcoin 2021 in Miami.

As part of his comment, he mentions that these days, there are some people who are excited about Bitcoin, and he thinks that in the next few years, Bitcoin will be the only money out there. It will take the place of the dollar and, at that moment, it won’t be worth it.

Ron Paul made a strong statement and said the government will not grant Bitcoin or anything else to get involved and take the dollar’s place. He also added that the public must be free to make their own choices.

He also described one of the bills that was initiated and introduced by him in Congress, which concerned the Fed’s audit and the release of legal tender laws. He revealed his absolute desire to make the competition between Bitcoin and Dollar legal and allow people to come to a conclusion. It was also said that in this competition, freedom of choice would resolve the entire situation fairly.

Paulo stressed that he is concerned about the power and command their government has over the dollar, which is official money. This is totally notorious and he also included that his government is not going to give this command over the money they have.

In the interview, he was asked to explain what he meant when he said make the competition cool. To that, he said that from now on, if someone buys or sells gold, the government charges taxes. But if you made a bitcoin win, they can’t charge you equal taxes.

Source: coinspeaker

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