• Original_Intent's Avatar
    Today, 08:48 AM
    http://www.huffingtonpost.com/johann-hari/the-real-cause-of-addicti_b_6506936.html
    1 replies | 11 view(s)
  • helmuth_hubener's Avatar
    04-21-2017, 12:26 PM
    True. But I think if you read the intro page, it might answer that objection. https://Midas.gold/intro
    55 replies | 1977 view(s)
  • helmuth_hubener's Avatar
    04-21-2017, 10:59 AM
    Indeed. I do not presume to decide anything for anyone else. Please kindly do not imply that I do. Thanks. :) By the way, The Gold Standard , have you seen my new project enabling you to put yourself on the gold standard?
    55 replies | 1977 view(s)
  • helmuth_hubener's Avatar
    04-21-2017, 08:23 AM
    I'm very sorry to hear, HB. May his spirit soar. This is the song I want at my funeral:
    15 replies | 269 view(s)
  • helmuth_hubener's Avatar
    04-21-2017, 08:11 AM
    It seems very cool, it seems very promising. I'm just trying to get more.... concrete. You write, "In the future you may see little risk in putting $100 into it." How do I actually put it in, though? I mean, I actually have a hundred dollar bill in my pocket right now. And, let me look.... yep, a five, too. Do I just "consider" the hundred and part of the five as earmarked as my reserve for Metric? I mean, I haven't mailed the money to anyone. It's still in my pocket. Is that a problem, or is that how the system's designed? You also wrote: "Currently "just_dollars" has three members. wizardwatson (me), poopeater69 (an old friend of mine), and helmuth_hubener. Currently only me and poopeater69 are connected. Therefore, we can pay each other because there is a path of connections between us. If you were connected to me you could pay me or poopeater69." OK. How could I pay you? I understand the commands, but... after I run the command, it seems that in real life, you do not have any more money than before. And my money is still just as much in my pocket as it was before. In order to *actually* pay you, wouldn't I have to put the money in an envelope, stamp it, and mail it to you?
    20 replies | 560 view(s)
  • helmuth_hubener's Avatar
    04-20-2017, 07:43 PM
    What is it designed for, then? I'm trying to understand. Could you give us a specific example or two of something one could do with Metric? I know you have already answered this, but don't get frustrated: I didn't understand. If I didn't understand, I'm pretty sure no one understands. Just a simple, simple, simple explanation of what in the world we could use this for!! :). Pretend I'm ten years old.
    20 replies | 560 view(s)
  • helmuth_hubener's Avatar
    04-20-2017, 07:08 PM
    So, it "advises" the different banks who needs more reserves, is that it? Does the amount of reserves advised take into account different withdrawal rates, or literally "even out" everything as you say, attempting to make all nodes have equal reserves? A busy city branch, for instance, might need more reserves than a quiet country one.
    20 replies | 560 view(s)
  • Original_Intent's Avatar
    04-20-2017, 07:00 PM
    Let me elaborate. He won re-election with something like 76%. He's made it clear he is confident he would win again, and he is right. So now everyone gets the goosebumps about what a "statesman" he is and not like typical politicians. When he runs for governor of Utah in 2020, he would pretty much need to be getting his team organized and laying the groundwork by 2018 anyway. 2020-2032-ish governor and set up for presidential aspirations. Nice. All this whining about "1500 days sleeping on a cot away from his family" is just playing to the crowd what a self sacrificing public servant he is. The fact that he is voluntarily relinquishing power is playing VERY well here.
    13 replies | 437 view(s)
  • helmuth_hubener's Avatar
    04-20-2017, 04:27 PM
    I have the same problem, so can't. But Amen! This is why I built Midas. This is what drives me. These rats and their system must be destroyed. And I'm going to do what I can to destroy it.
    22 replies | 1356 view(s)
  • helmuth_hubener's Avatar
    04-20-2017, 12:56 PM
    True, physically. But legally, you are the owner. Excellent! ....??? The whole point? That is the only benefit of gold, to you? Because you can hold dollar bills in your hand too; they satisfy that standard. If you (a) want to use gold as money, and (b) you absolutely demand to hold it in your hand at all times, if that is your standard, then you have created a Catch-22 for yourself. You will need to first convince everyone with whom you wish to do business to accept gold. That is not practical. So, you're stuck with no solution.
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-20-2017, 10:48 AM
    Just make that ball land on red and you'll be able to buy plenty!
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-20-2017, 10:47 AM
    Great question, BTW, angelatc! Thank you!
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-20-2017, 10:39 AM
    e-gold: * You could pay anyone with an e-gold account Midas: * You can pay anyone who accepts Visa The Liquid Gold Card is an actual, physical payment card I send you in the mail, which you can use just like any other payment card, and which is 100% backed by gold.
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-19-2017, 09:34 PM
    THIS is your invitation, Danke! You're all invited! Everyone's invited! Midas is my site. I haven't had time yet to make a nice sign-up form and process. So, we're just doing it via PM.
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-19-2017, 06:26 PM
    angelatc, Brian4Liberty, undergroundrr, dannno, Danke, jmdrake, anybody seen this thread? I think I needed a better thread title.
    31 replies | 667 view(s)
  • Original_Intent's Avatar
    04-19-2017, 05:04 PM
    Utah governor 2020. Virtual certainty.
    13 replies | 437 view(s)
  • helmuth_hubener's Avatar
    04-19-2017, 02:54 PM
    So why not free yourself? That is what I would recommend. http://www.ronpaulforums.com/showthread.php?509813-The-Return-of-Sound-Money https://Midas.gold
    161 replies | 2232 view(s)
  • helmuth_hubener's Avatar
    04-19-2017, 12:54 PM
    OK, here's another way to understand it: Let's say you are a customer of a bank or credit union (You probably are! So not too much imagination required.). Your bank helps you handle your financial affairs more easily. You have an account, and you have a debit card linked to that account with which you can make purchases. Wouldn't it be nice if that bank was run under the principle of 100% reserve? Rather than making fraudulent loans and thus creating money out of thin air? I think most of us would agree that it would be. That would be a big improvement. If there were a bank that switched over to being run like that, boy oh boy, wouldn't that be great? Now, what if this 100% reserve bank then decided that keeping 100% reserve in terms of dollars was not good enough? It goes one step further and becomes a 100% gold reserve bank. All accounts are backed 100% by gold. Backed by, denominated in, and convertible to. Wow, that would be even better! Ahh well, that's a beautiful dream, but only a dream. Right?
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-19-2017, 12:42 PM
    Thank you, Pierz. I see now I have a LOOONG way to go before I can be said to have explained how Midas works in a easy-to-understand way. Because, with Midas, you are not holding dollars. You are holding gold.
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-19-2017, 11:52 AM
    OK, well, any other interest?
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-18-2017, 08:27 PM
    'Tis. I would not say I am a programmer, but I have and do program, in order to accomplish things that need to be done. Actually 3.14159265358979. Yeah, just wanted to see what would happen. :D
    20 replies | 560 view(s)
  • helmuth_hubener's Avatar
    04-18-2017, 06:07 PM
    Ahh, each account is a bank. Thanks for the explanation. I'm starting to get it, though my understanding is still quite fuzzy.
    20 replies | 560 view(s)
  • helmuth_hubener's Avatar
    04-18-2017, 03:19 PM
    Google's. https://www.google.com/search?q=bitcoin+spot+rate No fee. For the beta test, let's make it max $500 (so about 4/10 of a bitcoin). No minimum. Well, first we'd have to set you up with an account and get a card. In this beta-testing mode, that will take a while. Once you're set up, though, it will appear as soon as we receive the funds. So, in the case of a bitcoin funding, probably within a couple hours. Certainly within a business day.
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-18-2017, 03:09 PM
    I have set up an account and done some various commands. What exactly is the use case here? That is: how do I use it? Is it just to keep track of transactions? And then you have to get together and actually have money change hands later?
    20 replies | 560 view(s)
  • helmuth_hubener's Avatar
    04-18-2017, 01:27 PM
    Guys, I don't have any disagreement with you. You are right, so far as in what you're talking about. Storage security is a complex issue. If you feel more comfortable about the risks of keeping gold in your house than the risks of keeping it in someone else's vault, then that is by all means the better option for you as far as secure gold storage. At the same time, I do hope you'll try to understand what Midas is. What I've created is something different. You can already buy and hoard gold. That's not anything new. What Midas is for is if you want to be able to use your gold as money. What the Midas Liquid Gold Card lets you do is spend your gold. At any merchant that accepts Visa.
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-18-2017, 01:13 PM
    I would be OK with accepting bitcoin to fund the card. I do know exactly how I could make a bitcoin-backed card. I have it planned out and it will not be very hard. The framework I have built will allow, in theory, any of a variety of backing commodities to be used. I just figured I would release the gold-backed card first and then add other options (bitcoin, silver, others) once it takes off and becomes popular. But, maybe I am wrong. Maybe bitcoin would be a bigger market.
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-18-2017, 12:01 PM
    Thanks, Wizard. :)
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-17-2017, 05:36 PM
    OK, problem solved! Try it again and you should get no warning.
    31 replies | 667 view(s)
  • helmuth_hubener's Avatar
    04-17-2017, 09:08 AM
    Ahh. Just a slight SSL glitch (SSL can be tricky). Thanks for letting me know. I should have it resolved within 24 hours. In the meantime, for just reading up on it I have enabled http://Midas.gold/intro . So, interested RPFers may go there.
    31 replies | 667 view(s)
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