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Monday, October 30, 2017

Former Congressman Ron Paul: Bitcoin could go down in history as destroyer of the dollar...


At 82 years old, former congressman Ron Paul may not look like your typical cryptocurrency fan.

But to those who may have heard his views on currency and the Fed during his 2008 Presidential run, it's not much of a surprise.

In fact, Paul has been warning of the risks of governments freely printing cash for decades. Lately he's been a champion for the advantages of blockchain based currencies.

In February telling Fox News "Bitcoin could go down in history as the destroyer of the US dollar".


But this past weekend issued a warning to cryptocurrency lovers - the government is coming.

Speaking with "The Street" he said “If it is a really good deal, and a good process, rest assured the government will be looking at it very carefully…it makes me very nervous.”

You can watch a full video of the interview here.

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Author: Justin Derbek
New York News Desk