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Topic: Ron Paul really should learn something about Bitcoin (Read 2636 times)

donator
Activity: 29
Merit: 252
I've spoken with Ron Paul's campaign managers about Bitcoin but they never did let me interview him for BitTalk.TV. I'll try again for the Bitcoin Magazine.

Try Gary Johnson?
legendary
Activity: 1764
Merit: 1007
ah so that's where they all went
hero member
Activity: 616
Merit: 500



Granted they're blurry, those are bitcoins behind his head
donator
Activity: 1120
Merit: 1001
No offense, but bitcoin is going to need at least a decade (maybe century)  track record to even be considered in terms of gold.  

You mean we need a decade to see the Bitcoin exchange rate reach 15000 dollars?
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
It's always nice to see someone point out fallacies Cheesy
I'll do it for 1BTC/hour  Wink
legendary
Activity: 1400
Merit: 1005
No offense, but bitcoin is going to need at least a decade (maybe century)  track record to even be considered in terms of gold.  It is experimental.  Will the block chain become too bloated?  Will it be cracked?  Will the network collapse?  Can it handle 100,000 transactions a second.   To have Paul comment on bitcoin is really lame imho.

Thank god for Paul to make a complete fool out of Krugman.

+1

The internet too, 100 years minimum before I'll be comfortable using it.
Nice one.  Wink
hero member
Activity: 742
Merit: 500
No offense, but bitcoin is going to need at least a decade (maybe century)  track record to even be considered in terms of gold.  It is experimental.  Will the block chain become too bloated?  Will it be cracked?  Will the network collapse?  Can it handle 100,000 transactions a second.   To have Paul comment on bitcoin is really lame imho.

Thank god for Paul to make a complete fool out of Krugman.

+1

The internet too, 100 years minimum before I'll be comfortable using it.
I lold
legendary
Activity: 1708
Merit: 1010
Ron Paul seems pretty busy with the election.
Maybe after its over you will have some good luck.

To me, you already have his complete opinion about Bitcoin.
He supports freedom in currency.
It's a currency born in the market place.
It doesn't use any coercion of law to operate.
Therefore, he's in complete support.

However, for him to endorse its use, most likely it would
be too technical for Ron to really get interested.

It's not that it's too technical for Ron, nor is it true that he is unaware of it's existance.  I know that he has, at least, been introduced to it.  As has his son Rand.  Bitcoin is as dangerous a topic for a US politcal official as anything else, and one that need not be addressed.  The campaign could no more accept donations in bitcoin than it could accept donations in Euros; or for that matter, US Federal Reserve notes in person.  It's the campaign finance & reporting laws that get into the way.  Ron has made is opinion on alternative & competitive currencies well known, so he would be neither for nor against bitcoin.
legendary
Activity: 1264
Merit: 1008
The polls are definitely fixed...who the hell would vote for Romney can't you tell he just looks and sounds like a corrupt person. Ron Paul is the only person who represents the people running for President.

Which polls?  Ron wins all the independent ones...  Attendance at his speeches is about a factor 10 larger than the next most popular candidate, right?  Internet presence more like a factor 20 lead in support?   He's always had the majority of active military support even mainstream media can't hide that right? 

just ask google: 
"mitt romney wins poll"  - 7 results
"ron paul wins poll" - 27,700 results

Will be interesting to see what all these RP delegates will do in Tampa Smiley 

http://www.political.com/Reports/93_Percent_Favorable_Opinion_Ron_Paul


sr. member
Activity: 446
Merit: 250
The monopoly of fed notes, if not by law, is enforced quasily by taxes: http://www.youtube.com/watch?v=T9EI2PrDpmw


And wow, already in his first words Krugman commits several fallacies at once:

Quote from: Krugman
"You can't leave the government out of monetary policy"

⇨ Appeal to authority

Quote from: Krugman
"The Federal Reserve is always gonna be in the business of..."

⇨ Appeal to tradition

Quote from: Krugman
"If you think you can avoid that, you're living in a world of 150 years ago"

⇨ Non sequitur (logic)


Probably a lot more.
It's always nice to see someone point out fallacies Cheesy
sr. member
Activity: 280
Merit: 250
The polls are definitely fixed...who the hell would vote for Romney can't you tell he just looks and sounds like a corrupt person. Ron Paul is the only person who represents the people running for President.
legendary
Activity: 980
Merit: 1004
Firstbits: Compromised. Thanks, Android!
lol at krugman when Ron Paul suggests to allow currency competition (do away with legal tender laws and taxes on gold/silver):

Quote from: krugman
Do you really think that people use dollars bills just because the federal government isn't allowing them to use other stuff?

Oh my god, yes, Mr. Krugman, I would happily use other money that crappy inflating FIAT shit (sorry) if only I wasn't forced to pay my taxes in EUR. And I'm not alone.

Yes. Thank you.

Krugman says things that make me think there's no possible way he can be intelligent, educated and in any way knowledgeable and actually believe those things.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
No offense, but bitcoin is going to need at least a decade (maybe century)  track record to even be considered in terms of gold.  It is experimental.  Will the block chain become too bloated?  Will it be cracked?  Will the network collapse?  Can it handle 100,000 transactions a second.   To have Paul comment on bitcoin is really lame imho.

Thank god for Paul to make a complete fool out of Krugman.

+1

The internet too, 100 years minimum before I'll be comfortable using it.
hero member
Activity: 714
Merit: 500
No offense, but bitcoin is going to need at least a decade (maybe century)  track record to even be considered in terms of gold.  It is experimental.  Will the block chain become too bloated?  Will it be cracked?  Will the network collapse?  Can it handle 100,000 transactions a second.   To have Paul comment on bitcoin is really lame imho.
Thank god for Paul to make a complete fool out of Krugman.
After 10 years, he will probably be dead.
He dosen't need to promote it, he counld just prove that he's not living in 150 years ago.
sr. member
Activity: 455
Merit: 250
You Don't Bitcoin 'till You Mint Coin
Ron Paul seems pretty busy with the election.
Maybe after its over you will have some good luck.

To me, you already have his complete opinion about Bitcoin.
He supports freedom in currency.
It's a currency born in the market place.
It doesn't use any coercion of law to operate.
Therefore, he's in complete support.

However, for him to endorse its use, most likely it would
be too technical for Ron to really get interested.
donator
Activity: 2772
Merit: 1019
lol at krugman when Ron Paul suggests to allow currency competition (do away with legal tender laws and taxes on gold/silver):

Quote from: krugman
Do you really think that people use dollars bills just because the federal government isn't allowing them to use other stuff?

Oh my god, yes, Mr. Krugman, I would happily use other money that crappy inflating FIAT shit (sorry) if only I wasn't forced to pay my taxes in EUR. And I'm not alone.


legendary
Activity: 1764
Merit: 1007
The monopoly of fed notes, if not by law, is enforced quasily by taxes: http://www.youtube.com/watch?v=T9EI2PrDpmw


And wow, already in his first words Krugman commits several fallacies at once:

Quote from: Krugman
"You can't leave the government out of monetary policy"

⇨ Appeal to authority

Quote from: Krugman
"The Federal Reserve is always gonna be in the business of..."

⇨ Appeal to tradition

Quote from: Krugman
"If you think you can avoid that, you're living in a world of 150 years ago"

⇨ Non sequitur (logic)


Probably a lot more.
hero member
Activity: 717
Merit: 501
No offense, but bitcoin is going to need at least a decade (maybe century)  track record to even be considered in terms of gold.  It is experimental.  Will the block chain become too bloated?  Will it be cracked?  Will the network collapse?  Can it handle 100,000 transactions a second.   To have Paul comment on bitcoin is really lame imho.

Thank god for Paul to make a complete fool out of Krugman.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
I've spoken with Ron Paul's campaign managers about Bitcoin but they never did let me interview him for BitTalk.TV. I'll try again for the Bitcoin Magazine.
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