Ron Paul Slams Fednow Payment System and Encourages Crypto Competition

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Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received the news of the Fednow program with little more than a disinterested shrug. Paul is not impressed either, maintaining that the implementation will crowd out competing protocols like Bitcoin, placing even more power in the hands of an already dangerously incompetent federal government. Also Read: Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money Paul:…
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Ron Paul Slams Fednow Payment System and Encourages Crypto Competition

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