Ron Paul:’I’m All I Like Currencies , for Cryptocurrencies’

"... I am for the smallest quantity of regulation. I really don't know what's gont occur to cryptocurrencies. I believe that it's a wonderful idea. And I have just one rule: no fraud... I believe that the government has a job. And [if] a person has a situation that there's fraud, I think it should be investigated...  What I wish to do is the liberty of choice, absent blatant fraud" His views have been previously discussed by ron Paul on cryptocurrency. In 2014, Paul expressed worries about the backing of Bitcoin (BTC) and crypto in general, nevertheless adopted a pro-crypto mindset that is bearish on fiat money in the long run:

Former Republican congressman and presidential candidate Ron Paul says he's in favour of cryptocurrencies along with blockchain technology because he enjoys competing monies. Ron Paul delivered his comments in a"Squawk Alley" meeting on CNBC about July 15.

Ron Paul drew on comparisons to the standard asset gold. One manner in which Paul seems to believe gold is very comparable to crypto is that both are resources. Paul said,"governments aren't very tolerant of competition, and they are not even tolerant with all the Constitution to contend with all the fiat dollar. Because silver and gold, you can't use it"
"I simply don't believe the dollar is going to last. I do not believe any fiat currency lasts eternally. They all self-destruct. The entire world is engulfed with fiat currency. That is one of the reasons that the dollar holds up: What are you currently competing , the euro and the yen? The competition out there is not any good" Based on Paul, cryptocurrencies are a Excellent idea, and governments should only step in to regulate the space to prevent fraud: