Ron Paul – ex-congressman for Texas Republican and POTUS candidate – has reportedly become the owner of the first Bitcoin (BTC), developed by Bobby Lee – founder at Ballet Crypto and member of Bitcoin Foundation. 

Specifically, November 2 marked the day Ron Paul received the present from Lee, who further revealed that the digital coin has safely been stored in a gold-plated Bitcoin wallet – designed by Ballet Crypto itself. 

Bobby Lee disclosed that extra efforts have been given to enhance the wallet security feature, along with others, to make it more suitable for the congressman. 

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

The crypto wallets designed by Ballet Crypto are non-electronic physical wallets, the type specifically produced to store digital assets offline (cold storage). Their storing method resembles how the credit card works, and the wallet passphrase is written underneath a scratchable layer.

The gift was given to the ex-congressman at the Litecoin (LTC) summit 2019 – where numerous experts in the crypto scene gathered. Charlie Lee – who founded Litecoin – was also at the event and produced the following comment, regarding Ron Paul, Bobby Lee and himself: 

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

Ron Paul – who is considered to be a gold advocate – has shared that he supports the development of digital coins, for he believed in competition among different types of currencies.