Ron Paul: Fear of Financial Anarchy

Posted by admin on Monday, April 20, 2015

Ron Paul Money Quotation saying Banks and bankers fear financial anarchy if digital currency is allowed to go unchecked and threaten banking. Ron Paul said:
 
I understand the political ramifications of [bitcoin] and I think that government should stay out of them and they should be perfectly legal Quote
 

“I understand the political ramifications of [bitcoin] and I think that government should stay out of them and they should be perfectly legal” — Ron Paul

 

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Ron Paul has generally been supportive of bitcoin and digital currencies. This suggests that Ron Paul believes governments should not overregulate or ban bitcoin, and that people should have the freedom to use digital currencies if they choose.

He also says that banks and bankers may fear financial anarchy if digital currencies are allowed to go unchecked and threaten banking. But Ron Paul seems to think governments should not interfere with bitcoin and let it operate freely in the market.

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