Ron Paul’s Twitter Followers Choose 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 wealthy person wants to gift you $10,000. You get to choose in which form you'll take the gift. But there's a catch: You must keep the gift in the form that you choose, and you can't touch it for 10 years.— Ron Paul (@RonPaul) December 5, 2017
In which form would you take the gift?
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:
Believe it or not, bitcoin is also physically limited. Also golds monetary worth is more about the value that we assign it as opposed to the metals inherant worth.— Loosepher (@sephwest) December 5, 2017
even for $10k I’d much rather take gold— Technoguy3 (@Technoguy3) December 5, 2017
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.”