Former US presidential candidate and congressman Ron Paul is a regular critic of the United States Federal Reserve and of the country’s economic policy. In the past, the libertarian politician has spoken out in support of cryptocurrencies, suggesting that making the digital assets exempt from taxation could help avoid a “Fed-created recession.”
In a new interview, Paul further elaborates on how the Federal Reserve has created a bubble with the US dollar that is on the brink of a major crash, and how Bitcoin might be a suitable alternative that can alleviate the risks that government-back currencies pose to the greater global economy.
Further Read: https://www.newsbtc.com/2019/05/22/ron-paul-the-u-s-dollar-is-in-a-bubble-bitcoin-an-alternative/
Ron Paul is one of the most popular personalities in plotics and he is an ardent supporter of Bitcoin and cryptocurrency. Recently, he predicted that the problems experienced by the economy can result into a crash that is even bigger than what the country experienced in 2007-2008. He painted a clear picture where fiat currency is likened to ticking time bomb that is soon to “self destruct.”