Former Republican congressman and former US presidential candidate Ron Paul reportedly received his first Bitcoin (BTC) a few days ago.
Former Republican congressman and US presidential candidate Ron Paul has reportedly received his first Bitcoin (BTC). The donor was none other than Bitcoin Foundation board member and founder of a new physical cryptocurrency wallet, Bobby Lee.
Ron Paul Now Owns a Gold-Plated Bitcoin Wallet
Lee himself announced the gift he gave the politician. And it’s one that most, if not all, of you would probably dream of having. It’s a gold-plated Bitcoin wallet produced by his company Ballet Crypto. The entrepreneur added that special attention was paid to profiling the wallet for the former congressman.
“We gave it a special serial number, AA000820, to match his (Ron Paul’s) birthday! And he loves the color #Gold.”
The products Lee is releasing are physical, non-electronic wallets that are designed to store cryptocurrencies “in cold.” They come in the format of a credit card and contain the wallet password under a special layer.
Freedom of Money
Paul received the gift during a lunch at a Litecoin (LTC) conference. Also present at the event was LTC creator Charlie Lee, who noted that all three of them – himself, Paul, and Bobby Lee – share certain libertarian ideals.
“We are all #libertarians – (what is important to us is) personal freedom and #freedomofmoney.”
Ron Paul is also a well-known critic of the Federal Reserve. He’s a fan of gold as a currency backer but also supports Bitcoin and blockchain technology. He once said that these phenomena – BTC and gold – complement each other and could become the foundation of a new financial world order.
Paul’s stance is in stark contrast to that of US congressman Brad Sherman, who believes that cryptocurrencies – which could potentially compete with the national currency, the dollar – should be banned. A few months ago, he stated that:
“The cryptocurrency either fails, in which case a lot of investors lose a lot of money, or it succeeds in its goals and can displace the US dollar or prevent the US dollar from being virtually the only reserve currency in the world.”
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