Paul: The Dollar is on the Verge of Fall, the Alternative is Bitcoin
Ron Paul, a former US presidential candidate, criticized the recent decisions of the Federal Reserve and said that it would be useful for Bitcoin.
Ron Paul, known for his positive statements on the crypto money market, recently made a new comment on the future of the US economy. Paul; In an interview he gave to discuss the policies of the Federal Reserve, he severely criticized the policies of the FED.
Ron Paul, a libertarian, has so far made positive comments about Bitcoin and crypto coins, emphasizing that he supports the idea underlying these assets. When we look at these new statements made by Paul, we can see that he continues to support crypto coins. It is unlikely to say the same thing for USD.
Speaking to Yahoo (NASDAQ: AABA) Finance, Paul thinks that the US dollar is currently trapped in a balloon and may face a crisis that is even greater than in 2008 in the event of a balloon explosion. According to Paul, the measures taken by the FED will not be enough to save the dollar that is on the brink of collapse.
Paul said that the dollar is prone to inflation due to its structure. The FED reminds us when the value of the dollar is going to fall. Paul, by citing this and emphasizing that the US dollar is not very safe today, proposes to make the transition to Bitcoin as an alternative to people.
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