Former Congressman Ron Paul on Bitcoin: "I have my reservations…."
Former Congressman Ron Paul (R-TX) told Bloomberg TV’s Erik Schatzker and Sara Eisen today that he is
“concerned about the erraticness of the dollar. The dollar is up, the dollar is down. We print a lot of dollars. The dollar gets devalued. That is really the concern. If people think the gold price up and down is a reflection of something wrong with gold, no, I say it is something wrong with the dollar.”
On Bitcoin, Paul said,
“To tell you the truth, it’s little bit too complicated. If I can’t put it in my pocket, I have some reservations about that.”
source: BLOOMBERG TELEVISION