Ron Paul on Bitcoin: "If I can't put it in my pocket, I have reservations" (other topix 2)

[sailingaway]

In addition to sound money, Ron also talked about alternative and competing currencies as a way to brush off the central bankers. So, growing BTC and making it viable is another way to ditch the banksters. Discussing and posting articles on BTC is a way to help the curious understand things better when there's a sea of negativity being spread about the topic at hand. Perhaps the subforum's name isn't the catchall it could be if it was tweeked.

It really is supposed to be supporting Ron's position on sound money, though, that is why people come to Ron Paul forums to discuss it, they typically support that. Ron did say in the interim competing currencies should be determined by a free market with a level playing field (get rid of legal tender laws, don't tax 'appreciation' of a more solid form of currency against a depreciating currency etc), but we unfortunately don't have that level playing field, or I'm pretty sure gold and silver, or a basket, as Ron and Hayak suggest, would lead the way.

 

[Petar]

It really is supposed to be supporting Ron's position on sound money, though, that is why people come to Ron Paul forums to discuss it, they typically support that. Ron did say in the interim competing currencies should be determined by a free market with a level playing field (get rid of legal tender laws, don't tax 'appreciation' of a more solid form of currency against a depreciating currency etc), but we unfortunately don't have that level playing field, or I'm pretty sure gold and silver, or a basket, as Ron and Hayak suggest, would lead the way.

If Bitcoin succeeds, then it will bring the world a lot closer to appreciating the value of things as they exist in their allocated format.

Maybe then the market will be able to judge PM's for what they actually are, and not based on the detailed panorama of bullshit that COMEX has painted for the world.

 

[RonPaulFanInGA]

 

[dannno]

Uhh, except you can't JUST CREATE bitcoin out of thin air like some are able to do with FRNs and other fiat currencies....

Meme fail.