Former Republican congressman and former US presidential candidate Ron Paul reportedly received his first Bitcoin (BTC) a few days ago. The donor was Bitcoin Foundation board member and founder of a new physical cryptocurrency wallet, Bobby Lee.
Ron Paul now has a gold-plated Bitcoin wallet
Lee publicly announcedthat he gave the politician a gift. And it’s one that probably every one of you dreams of. It’s a gold-plated Bitcoin wallet produced by his company Ballet Crypto. The businessman 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 a “cold” manner. Their format is similar to a credit card and they contain the wallet password under a special layer.
Freedom of money
Paul received the gift during a luncheon at a Litecoin (LTC) conference. LTC creator Charlie Lee, who was present at the event, said that all three of them – he, 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 is also a fan of gold as a currency backer, but he 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 order in the world.
Paul’s position stands in stark contrast to the ideas of US congressman Brad Sherman, who believes that cryptocurrencies – potentially competing with the national currency, the dollar – should be banned. A few months ago, he said:
“The cryptocurrency either doesn’t work, in which case investors lose a lot of money, or it achieves its goals and can displace the US dollar, or it prevents the US dollar from being virtually the only reserve currency in the world.”
