Former Republican Congressman Ron Paul said he was "surprised,' when the majority of his devout gold followers, chose bitcoin over the yellow metal as their investment choice.
Earlier this week, Paul, the ambassador for the firm Gold Co took to Twitter to ask his followers how they would invest a $10,000 gift - but he offered this catch:
"You must keep the gift in the form that you choose, and you can't touch it for 10 years," Paul said in a tweet Tuesday. The libertarian's followers were provided with four options: U.S. dollars, gold, U.S. ten-year Treasury bonds and bitcoin.
Their answer? Bitcoin - 54% of respondents chose the cryptocurrency over gold at 36%.
In an interview Thursday, Paul said he was not surprised however, that only 2% would store away Federal Reserve notes. Paul, a well-known critic of the Federal Reserve, and an advocate of holding gold, had previously campaigned to audit the central bank and return to a gold standard.
"It was information for me to tell me what my viewers are thinking...[And I] was surprised that many people would stash away [in bitcoin]," Paul said.
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So Kitco is associated with thestreet?
Ron Paul wanted to legalize all drugs, prostitution, was ok with slavery. I'm not surprised at all on his assessment of the bitcoin. I'm glad he's no longer in office. He simply doesn't think things through.
He should buy some cryptos . why not !? Not like he’d have to buy crazy amounts
Ron Paul on the latest Fed
Ron Paul on the latest Fed scheme...
You're such a wise man, Dr Paul. Thank you for standing in the breach of tyranny and liberty of the American people.
It's a cycle of the century.what happened a 100 years ago is happening now. the 1% will understand that the stories they put out through out the times of life will once again happen but in a totally different outcome than they (1%) thought would turn out
Fed can go to the hell hole it crawled out of.
Next thing they'll want to do is put a chip in your right hand for you to be able to spend Fedcoins.
No stopping it. Thanks tho .
Ron Paul reveals
Ron Paul reveals incredible insights ? YOU NEED TO HEAR! ? He's been campaigning to audit the Fed since 1975!! We need to see behind the curtain. Today we discuss this and the governments push to ban cash, moving all Americans checking accounts to the Fed!! This dystopian 1984 might be a reality in the US soon and everyone needs to be informed and prepared. I also talk to Dr. Paul about the Patriot Act and how that compares to what he sees happening with the response to the cerveza sickness. Unfortunately it's bad news for individuals who value freedom and liberty. If you're interested in free markets, free minds and the future of the economy THIS IS A MUST WATCH EPISODE!
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God bless Ron Paul. Truer words cannot be spoken in this day and age. He still has a grasp on the pulse of this nation.
When you give out free money without production force will be used to produce.
Even though I disagree with him on certain economical aspects, Dr. Ron Paul is such an honorable person that militates for personal liberties and works very hard to promote the ideas of liberty - the essence of success of every civilization. You are a HERO Dr. Paul, thank you for your devotion!
"Spread the message of liberty"... Ron Paul what an amazing American!
Ron Paul is THE BEST American I truly admire him. This guy is a TRUE Patriot!!!!! God Bless You and Thank You!!!