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Author Topic: Ron Paul Doesn’t Believe Bitcoin is “True Money”  (Read 3222 times)
umair127
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May 08, 2014, 05:24:29 PM
 #41

I don't believe what this old man is saying. Bitcoin is the only real currency.

Thats why he was cheated in going for presidency, no one believes him.

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LAMarcellus
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May 08, 2014, 06:07:15 PM
 #42

I don't believe what this old man is saying. Bitcoin is the only real currency.

Thats why he was cheated in going for presidency, no one believes him.

Plenty of people comprehend Ron Pauls message.
But there are even more people with fluoride addled brains who can not comprehend what he says; they're just intellectually lazy. Also brainwashed.

The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. – Albert Camus
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May 08, 2014, 06:14:22 PM
 #43

he is to old to understand cryptos

NEM NEM NEM NEM NEM NEM NEM NEM NEM
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May 08, 2014, 08:57:38 PM
 #44

I wonder when he will change his mind about Bitcoin if he does and if Rand P has the same opinion

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May 09, 2014, 02:11:04 PM
 #45

only time will tell if it's a true money or not.
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June 08, 2014, 11:31:45 AM
 #46

only time will tell if it's a true money or not.

It is a store of value and a very convenient and secure mean of exchange that cannot be printed to death by politicians interested in being re-elected and controlling other at the price of war and dispair

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June 08, 2014, 12:58:51 PM
 #47

The key words to all this are "78 year old".
I don't blame someone for whom the internet is still novelty to not understand/trust bitcoin.
Those who do are visionaries.
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June 08, 2014, 04:46:17 PM
 #48

Same in a way can be said about gold. So it's fine in my opinion. Many politicians don't want to accept the fact that Bitcoin is real because it does not have a bank at the head of it.
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June 08, 2014, 04:52:37 PM
 #49

Same in a way can be said about gold. So it's fine in my opinion. Many politicians don't want to accept the fact that Bitcoin is real because it does not have a bank at the head of it.

May they continue to underestimate bit coin. The tipping point is not that far away.

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June 08, 2014, 04:59:16 PM
 #50

Same in a way can be said about gold. So it's fine in my opinion. Many politicians don't want to accept the fact that Bitcoin is real because it does not have a bank at the head of it.

May they continue to underestimate bit coin. The tipping point is not that far away.

You can not say that though. From a 3rd party perspective, you would sound crazy and it's not exactly a convincing standpoint.
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June 08, 2014, 07:05:49 PM
 #51

He likes something you can "hold in your hand." Classic Goldbugger! Gotta love him though. Ron Paul - the grandpa of the nation.
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June 08, 2014, 08:17:26 PM
 #52

Ron Paul is an old fart. I guess he was sort of a gateway into libertarianism for some people, and therefore important (....I guess), but his opinion doesn't matter. He's painted as a crazy, anyway.

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June 14, 2014, 11:06:03 PM
 #53

Same in a way can be said about gold. So it's fine in my opinion. Many politicians don't want to accept the fact that Bitcoin is real because it does not have a bank at the head of it.

May they continue to underestimate bit coin. The tipping point is not that far away.

Many also do not understand Bitcoin. They also associate it with nefarious things like SR.

The more companies that accept it successfully (read: jobs in a congressman's district) the more credibility it will get. 
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June 15, 2014, 08:10:45 AM
 #54

but his opinion doesn't matter. He's painted as a crazy, anyway.

They will call anyone crazy who would argue against free money, who does that.   Hold out your hand and shut up, RP is definitely crazy cranky old man who just dont get how clever all this new government policy really is.   Debt is money now, the more debt there is the richer the nation becomes
Ron Paul was arguing against Nixon's and various other disastrous changes from the start.   Dismiss him if you want just because its easiest to do so, solid money by contrast is pointless work in comparison

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June 15, 2014, 12:15:53 PM
 #55

I don't mind that gold continues to be money, even in the optimistic case of bitcoin taking over. Gold is sufficiently different to bitcoin that it has a reason for existence. Gold is not an aimless altcoin.


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June 15, 2014, 03:41:40 PM
 #56

Bitcoin is still very new.

It will take a while for people to accept it.
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June 15, 2014, 07:50:18 PM
 #57

Same in a way can be said about gold. So it's fine in my opinion. Many politicians don't want to accept the fact that Bitcoin is real because it does not have a bank at the head of it.

May they continue to underestimate bit coin. The tipping point is not that far away.

Many also do not understand Bitcoin. They also associate it with nefarious things like SR.

The more companies that accept it successfully (read: jobs in a congressman's district) the more credibility it will get. 

Nefarious? Silkroad is revolutionary and something every true libertarian should approve. For the first time in history, people can buy and sell anything from each other  without approval from any third party. Not the government, not a bank, not a creditcard - processor. Without meeting IRL. Like a free market is supposed to work. I was a little surprised when I heard RP didn't believe in btc. A libertarian should believe in a technology that makes that possible. A technology that additionally has the potential to take away power from the govts in many, many other ways (watch Stefan Molyneux vid on YouTube called Bitcoin vs political power you who haven't)


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June 16, 2014, 09:01:19 AM
 #58

thats what they said about art when photography was invented. They also said the printed word would die out and everyone would stop reading books when computers were invented
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June 20, 2014, 08:08:00 AM
 #59

thats what they said about art when photography was invented. They also said the printed word would die out and everyone would stop reading books when computers were invented

Gold hasn't become a store of value for no reason : people like it because it is shinny, beautiful and has amazing physical properties very convenient in jewellery or industry!

Bitcoin isn't a store of value for no reason : it is very easy to store it, move it or transfer it!

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