Ron Paul: Bitcoin could ‘go down in history as destroyer of the dollar’

“Imagine a world in which you can buy anything in secret. No banks. No fees. No worries inflation will make today’s money worth less tomorrow.  ‘There will be alternatives to the dollar, and this might be one of them,’ said former U.S. congressman Ron Paul. If people start using bitcoins en masse, ‘it’ll go down in history as the destroyer of the dollar,’ Paul added.  Bitcoin could serve as a kind of universal alternative currency that is accepted everywhere around the globe. Concerned about the dollar’s inflation? Just move your cash to bitcoins and use them to pay your bills instead. Tired of hefty credit card fees? Bitcoin allows transactions that bypass banks.”

http://money.cnn.com/2013/12/04/technology/bitcoin-libertarian/

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