"This is a form of money, and money becomes valuable by its use as a form of trade in society, it also becomes valuable based on societies ability to hoard the money. When money velocity becomes too high the value of the money reduces and goods and services need more money to buy them. So effectively by me hoarding the coins for the future is making the remaining coins in circulation more valuable."
-This assumes fiat currency with no available alternatives. If RonPaulCoin rises in price, people will have many alternative currencies to choose from, many of which function better and are more widely accepted by vendors, so those people simply won't buy RonPaulCoins. Also, price is not the same thing as value.
"The Ron Paul coin has far fewer coins than the Litecoin, there is no reason why the price of the RPC should be less than the Litecoin."
-I can do even better. I'm going to start my own cryptocurrency on a cardboard ledger, and only release one coin. I'll hoard the coin for ten years, and then naturally I'll sell it for billions because it is so rare. Why do people trash this free market thing when it's so easy to get rich?
If you start your own cardboard coin and only have 1 coin, their would be zero circulation hence the coin would naturally fail as you mentioned.
The difference between you issuing a coin and the RPC is that Ron Paul has been an advocate for free market currencies and alternatives to the USD for many decades now, hence a coin named after him represents exactly what a free currency should be. Yes there are other cyptocurrencies on the marketplace to choose from. However alot will collapse due to oversupply and some due to undersupply. The Ron Paul coin has a balance that it has a reasonable supply which is 1/10 of the Bitcoin. It also has a basis of being Named after the champion of free market currencies, hence marketing wise it has an advantage over all the other coins. If only Ron Paul was to back this coin himself this coin would explode in price. The same cant be said of a coin cut out of cardboard as you have mentioned.
These coins require work to come into existence, a combination for computer power and time, its the same reason and function that gives gold a value because it takes work to come into existence. Fiat currencies do not require work to come into existence (They come into existence by debt). So if your coin you have mentioned required some work to be done to come into existence and had a basis of integrity at the core it would have some value, if not you will just hold onto the worthless cardboard ledger.
