Former US Congressman Ron Paul Receives His First Bitcoin

Former Texas Republican representative and presidential candidate Ron Paul obtained his reportedly first Bitcoin (BTC) from Bitcoin Foundation board member and bitcoin account in telugu withdraw bitcoin pockets to business enterprise institution or paytm by mahi tech information”>Bitcoin pockets inauguration Ballet Crypto founder, Bobby Lee, on Oct. 28.

Ron Paul now owns a gold plated Bitcoin pockets

Lee in public introduced the reward he had given to Paul on Nov. 2, noting that the coin has been loaded right into a gold-plated Bitcoin pockets produced by his firm Ballet Crypto. He added that further care has been given to customizing the pockets to higher go well with the previous representative:

“It was a special serial number AA000820 to match his birthday! And he loves the #Gold color.”

The wallets produced by Lee’s firm are non-electronic bodily wallets meant for chilly storage of cryptocurrency. Their format is much like that of a bank card, then they characteristic the passphrase of the pockets below a scratchable layer.

Freedom of cash

Paul obtained the reward at a dejeuner that befell on the Litecoin (LTC) summit 2019, additionally inside the presence of Litecoin founder Charlie Lee, who stated that every one three of them share some beliefs:

“We are all #libertarian – personal liberty and #freedomofmoney.”

Paul – an outspoken critic of the Federal Reserve – is understood for his advocacy of gold. With regards to Bitcoin, Paul celebrated in July that he’s in favor of cryptocurrencies and blockchain know-how as a result of he helps competitive currencies.

Paul’s position can be in stark distinction with the concepts of U.S. representative Brad Sherman, who believes that cryptocurrencies – doubtlessly competitive with the nationwide forex, i.e. the bank note – ought to be banned. In late October, he stated:

“Cryptocurrency either doesn’t work, in which case investors lose a wad of money, or it does attain its objectives mayhap and displaces the U.S. dollar or interferes with the U.S. dollar being near the sole reserve currency in the world.”

On the opposite hand, not all U.S. representatives share Sherman’s bank note maximalist view. As Cointelegraph reported this week, two congressmen confirmed help on Bitcoin’s 11th birthday, noting that the know-how has created “infinite possibilities for technological innovation and privacy protections.”

Former US Congressman Ron Paul Receives His First Bitcoin

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