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Ron Paul’s Twitter Followers Choose Bitcoin Over Gold

Kitco News

Ron Paul’s Twitter Followers Choose Bitcoin Over Gold

(Kitco News) - In a very telling response to Ron Paul’s most recent twitter poll, a majority of participants chose bitcoin over gold.

The conditions of the poll were:

“A wealthy person wants to gift you $10,000. You get to choose in which form you'll take the gift.”

There was also one condition for the present: you can’t touch it for ten years.

The choices listed by former congressman and two-time presidential candidate Ron Paul were: Federal Reserve Notes, gold, bitcoin and 10-Year U.S. Treasury Bonds.

A total 70,513 people voted, and 54% of them chose bitcoin. Gold came in second place with 35% of the vote, followed by 10-Year U.S. Treasury Bonds with 8%. Federal Reserve notes were in the last place with only 2% of the vote.

Below are a few responses people gave when participating in the poll:

Back in October, Paul told Kitco News that when it comes to cryptocurrencies, big brother is watching too close for comfort.

“There is too much surveillance already on how the currencies are transferred, [how] the reports have to be made by the exchanges to the IRS,” said Paul, now the Chief Ambassador for Goldco.

“If it is a really good deal and a good process, rest assured the government will be looking at it very carefully…it makes me very nervous.”

Paul added that he supports legalization of all competing currencies. “If the people want it and want to use it, the government should stay out of it.”

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.