Political icon comes out as crypto supporter: I want as little regulation as possible

Political icon comes out as crypto supporter: I want as little regulation as possible

Image source: Shutterstock / Trijo News

Teodor Stig-Matz

teodor.matz@trijo.co

Ron Paul is one of the great icons of the libertarian movement. Now he comes out as a crypto supporter.

Bitcoin has seen a lot of resistance from established politicians and other rulers recently. Among other things, US President Donald Trump has tweeted very negative things about the cryptocurrency.

Now he meets opposition from a real icon on the American political scene.

Tried to become president

Ron Paul is a former congressman and tried to become president several times. He is also known as one of the libertarian movement’s icons. Now he speaks in positive terms about cryptocurrencies.

“I am for as little regulation as possible. I do not know what will happen to cryptocurrencies. But I think that it is a very good idea”, he says in an interview with CNBC.

The question is how the regulation of the cryptocurrencies will go. On Monday, information came that the US might ban Facebook’s upcoming cryptocurrency libra.

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