Senator Rand Paul from the US state of Kentucky is considering the possibility that the world’s future reserve currency will be a cryptocurrency.
Rand Paul, a Republican with libertarian leanings, recently told Axios that people “they began to lose their trust in the state” told.
Stating that the dollar in its current form is not supported by a commodity such as gold, the senator said that the currencies of the states are not supported by a commodity such as gold. “nominal” and “unreliable” stressed that.
“As more people lose their trust in government, I begin to question whether crypto can become the world’s reserve currency.”
Rand Paul, who was a candidate in the 2016 presidential election, said in a statement in 2015 that people that you can send donations with bitcoin had announced.
Since 2014, the US Federal Election Commission has allowed candidates to receive donations in bitcoin for their election campaigns.