Former presidential candidate and congressman Ron Paul has renewed calls for Bitcoin to be legalized as money and not taxed. Paul is a staunch libertarian and author of the Bitcoiner favorite “End the Fed,” who has advocated for the legalization of Bitcoin and other cryptocurrencies in the past. The former congressman has also regularly taken aim against the Federal Reserve for its unchecked money printing since the pandemic began. Ahead of his appearance at the Miami Bitcoin conference on June 3, the 85 year-old spoke with streaming financial news provider Kitco News and noted that his goal is to “help …

Former presidential candidate and congressman Ron Paul has been more outspoken about government oversight concerning Bitcoin and other cryptocurrencies in the last week, calling on people to “be vigilant.” In an episode of the Stephan Livera podcast released on Sunday, Paul said he was just as worried about authorities coming to “confiscate” his gold as he was about the confiscation of crypto assets. The libertarian noted that there had been instances of people “taking crypto that they shouldn’t,” but seemingly placed the blame for any potential fraud in the future on the government. “The more successful crypto is going to …

The United State’s securities watchdog has placed a temporary trading suspension on the stock of Vortex Blockchain Technologies until October 6. The Securities and Exchange Commission (SEC) cited confusion over the nature of Vortex’s business operations and the value of their assets as the reason behind the temporary suspension. Vortex Blockchain Technologies Inc, formerly UA Granite Corporation, has been developing a variety of applications in the cryptocurrency space. Its activities reportedly include cloud mining, blockchain hardware and software development, and a cryptocurrency wallet and exchange. The company, which has not filed certain periodic reports with the SEC, only started trading …

The United States Federal Reserve “fake economy has burst,” former presidential candidate Ron Paul has announced as money printing takes its balance sheet to $6.6 trillion. In a series of tweets on April 24, Paul became the latest critic to launch a scathing on U.S. economic policy present and past. Paul: swap central planning for sound money According to the pro-Bitcoin retired politician, neither coronavirus nor a brief uptick in stocks can hide the impact of the Fed’s actions. For him, Keynesian ideas such as market interventions and money printing are “un-American.” “The Fed's fake economy has burst. The stock …

Almost 60% of 70,000 people would take Bitcoin (BTC) over fiat currency as a long-term investment. That was according to a new survey on Nov. 4 by Ron Paul, the ex-Texas Congressman who has become well known for his proactive position on cryptocurrency. Ron Paul survey: 58% choose BTC Part of a regular series of polls, Paul asked Twitter users about their investment preferences for $10,000 of value, delivered as a lump sum and untouchable for ten years. So far, out of more than 67,000 responses, Bitcoin is easily the most popular choice, with 58% of the vote. Ron Paul’s …

Former Texas Republican congressman and presidential candidate Ron Paul received his reportedly first Bitcoin (BTC) from Bitcoin Foundation board member and Bitcoin wallet startup Ballet Crypto founder, Bobby Lee, on Oct. 28. Ron Paul now owns a gold plated Bitcoin wallet Lee publicly announced the gift he had given to Paul on Nov. 2, noting that the coin has been loaded into a gold-plated Bitcoin wallet produced by his company Ballet Crypto. He added that extra care has been given to customizing the wallet to better suit the former congressman: “It was a special serial number AA000820 to match his …

Former Republican congressman and presidential candidate Ron Paul says he is in favor of cryptocurrencies and blockchain technology because he likes competing currencies. Ron Paul delivered his remarks in a “Squawk Alley” interview on CNBC on July 15. According to Paul, cryptocurrencies are a great idea, and governments should only step in to regulate the space to prevent fraud: “I’m for the least amount of regulation. I don’t know what’s gonna happen to cryptocurrencies. I think it’s a great idea. And I only have one rule: no fraud […] I think that the government has a role. And somebody has …

Former U.S. Congressman Ron Paul has asked Twitter users Nov. 15 how they would prefer to receive $10,000 if they had to keep it in this form for a decade, with the majority picking Bitcoin (BTC) . Of the respondents, 50 percent answered that they would prefer to receive their $10,000 in Bitcoin, the second most chosen asset was gold (37 percent), the third U.S. 10 year treasury bonds (11 percent), and the last was the U.S. dollar at only 2 percent. Screenshot of Ron Paul’s Nov. 14, 2018 tweet. Source: Twitter Bitcoin’s price had recently been stable for a …

Ron Paul, a former US Congressman from Texas and presidential candidate, has long rallied libertarians in the United States behind ideas that, honestly, many in the Bitcoin community would embrace but that fail to resonate at the mainstream level. Case in point: Paul addressed the US House of Representatives around this same time three full years ago on behalf of the bill HR 1098: the Free Competition in Currency Act. His plan was three-fold: Eliminate legal tender laws, eliminate laws prohibiting private mints, and eliminate capital gains taxes and sales taxes on gold and silver coins. (Note that Paul was …