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19 April 2021

Ron Paul Warns of Government Crackdown on Bitcoin — 'The Government Is the Threat' – Regulation Bitcoin News

Ron Paul Warns of Government Crackdown on Bitcoin — 'The Government Is the Threat' – Regulation Bitcoin News


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Former congressman Ron Paul has warned of a government crackdown on bitcoin and safe-haven assets may not be safe from government intervention.

Paul was asked about the “threat of potential gold confiscation or one form or other of government intervention because that concern is rising.” Several well-known hedge fund managers, like Bridgewater Associates founder Ray Dalio and “The Big Short” investor Michael Burry, have said that “safe-haven assets are not necessarily going to be safe from government intervention,” Makori recalled.

Paul was also asked: “What form of a crackdown do you think this could take when we talk about assets, like gold and even bitcoin, potentially being at risk of government intervention at higher taxes and regulation … what do you think could happen to those assets?”

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