Bitcoin-based retirement instruments are increasingly attracting the interest of millennials, as well as influential politicians. In fact, former GOP Congressman Ron Paul is already encouraging people to buy Bitcoin-based retirement instruments.
Ron Paul Is Touting Bitcoin IRAs
For the past few years, some U.S. politicians have been interested in grabbing the benefits that cryptocurrencies bring. For example, Senator Rand Paul (R-KY), who is also a former U.S. presidential candidate, accepted contributions in Bitcoin during his last presidential campaign.
Now, Rand Paul’s father, Ron Paul, a former U.S. Congressman (R-Tx), who is also a former presidential candidate, is profiting from Bitcoin as well. Specifically, Ron Paul is being paid for touting Bitcoin-based retirement accounts.
Mashable published an article entitled “Ron Paul Is Shilling for a Bitcoin Retirement Fund Exactly Where You’d Expect.” The article includes the video below, in which Congressman Ron Paul pushes the benefits of entrusting your savings to a Bitcoin-based retirement account…