Former Texas Republican congressman and presidential candidate Ron Paul obtained his reportedly first Bitcoin (BTC) from Bitcoin Foundation board member and Bitcoin pockets startup Ballet Crypto founder, Bobby Lee, on Oct. 28.
Ron Paul now owns a gold plated Bitcoin pockets
Lee publicly 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 congressman:
“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, and so they characteristic the passphrase of the pockets below a scratchable layer.
Freedom of cash
Paul obtained the reward at a lunch that befell on the Litecoin (LTC) summit 2019, additionally within 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 famous in July that he’s in favor of cryptocurrencies and blockchain know-how as a result of he helps competing currencies.
Paul’s stance can be in stark distinction with the concepts of U.S. congressman Brad Sherman, who believes that cryptocurrencies – doubtlessly competing with the nationwide forex, i.e. the greenback – ought to be banned. In late October, he stated:
“Cryptocurrency either doesn’t work, in which case investors lose a lot of money, or it does achieve its objectives perhaps and displaces the U.S. dollar or interferes with the U.S. dollar being virtually the sole reserve currency in the world.”
On the opposite hand, not all U.S. representatives share Sherman’s greenback 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.”