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It just strikes me as a little funny that Rand Paul might be supporting cryptocurrencies on their face, considering he (like his father) prefers to have currenc
by diminoten 12y ago
It just strikes me as a little funny that Rand Paul might be supporting cryptocurrencies on their face, considering he (like his father) prefers to have currencies backed by something.
I guess that's why he is so intrigued by the corporate stock idea.
- A_COMPUTER 12y agoHis father expressed skepticism about Bitcoin for the exact reason you have said. But ultimately while he supported the gold standard for the USA's official currency, he also supported "currency competition" where people could issue private currencies so anybody could opt out of the dollar. Whether one thinks the idea is stupid or viable, it was actually at least consistent.