New Hampshire Senate candidate Bruce Fenton has expanded his support for BTC while opposing any government involvement in regulating the asset.
Fenton pointed out that the government should not get involved in popular currency choices, as he equated the dollar with melting ice during the Aug. 25 New Hampshire primary debate.
According to Fenton, the current monetary system has collapsed, citing the Fed’s policy of printing money. Bitcoin’s supply constraints make it competitive with the U.S. dollar, he said.