Former US Presidential Candidate Ron Paul Renews Call to Legalize and Tax Bitcoin

Cointelegraph – Former U.S. presidential candidate and congressman Ron Paul, author of the book “End the Fed,” has advocated for the legalization of bitcoin and other cryptocurrencies in the past. The former congressman has also often pointed the finger at the Fed’s uncontrolled money printing since the outbreak. He describes gold and bitcoin as “competitors” to the currency and the U.S. dollar, and emphasizes that the main reason investors seek the currency as an alternative form is to hedge against the risk of dollar devaluation. Governments throughout history have been “known to be very eager to control money” and predicted that they “will never relinquish control.