SEN. RAND PAUL INTERESTED IN, CONFUSED ABOUT BITCOIN
Fortune magazine published an interview with Kentucky Senator Rand Paul yesterday that touched on the senator’s thoughts regarding Silicon Valley and Bitcoin. The Bitcoin discussion came toward the end of the interview, and it was enlightening for two reasons. One, the senator appears relatively enthusiastic about Bitcoin as a currency. The senator also fails to grasp exactly how Bitcoin the protocol works. From the piece: [I]f I were setting it [Bitcoin] up, I'd make it exchangeable for stock. And then it'd have real value. And I'd have it pegged, and I'd have a basket of 10 big....
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Presidential candidate Rand Paul graced the 19th April Bitcoin event held at the Union League Club and left the attendees highly impressed with his thoughts on the cryptocurrency. The event was hosted by the Bitcoin Center NYC and a start-up incubator Blockchain Technologies Corp. Rand Paul is the running the first presidential campaign ever to accept Bitcoin in donations. Since the event was not publicly promoted by the campaign management team, the remarks from the events will not be released, said Sergio Gor, spokesperson for Paul's campaign. However, the social media was abuzz with....