• RonPaulIsGreat's Avatar
    Today, 03:41 AM
    I'm here because I agree with most of Ron Pauls views. I don't think the gold standard will ever return though, and if it did by some miracle, I'm certain it would be corrupted as before. It's not that I'm "against" the Gold Standard as a Concept, but rather I don't trust government to adhere to anything for long, and I think I have a vast amount of evidence on my side to support that view of government. Likely I agree with you on most positions, but completely lost causes are just not interesting at all, when there are other things to fight for that might actually make a difference.
    32 replies | 581 view(s)
  • RonPaulIsGreat's Avatar
    Today, 01:53 AM
    There are probably hills at a higher elevation.
    22 replies | 235 view(s)
  • RonPaulIsGreat's Avatar
    Today, 12:11 AM
    Okay Don Quixote, please continue your quest for a gold standard, when there is near zero political, economic, or citizen support for it. Even if I thought the government would adhere to a new honest gold standard, there still isn't any measurable support for it. So, continue bitching about bitcoin for no reason. As if bitcoin has anything at all to do with the lack of a gold standard, or any of the problems currently facing the world. If a digital prison comes it won't be bitcoin, it'll be some government issued digital crap anyway. So twirl away at the bitcoin boogeyman. 1 2 satoshis after you, 3,4 better lock your door. Boo.....
    32 replies | 581 view(s)
  • RonPaulIsGreat's Avatar
    Yesterday, 09:49 PM
    Ignoring, your blatherings about a failed Gold Standard and snarkiness, I don't have to debunk a system that has failed already. Just look why it failed and you'll see why it'll always fail. "HINT:GOVERNMENT CONTROLLED AND MONITORED System with no accountability" Sure a gold standard would be GREAT in theory, but the reality that government is more corrupt than the mafia, kinds of breaks my affinity for such systems. YEah, everyone knows newegg doesn't hold bitcoin, bitpay takes my bitcoin at the time of purchases, and essentially sells it to someone that wants to buy bitcoin. Oh the horror, and deceit. ...... However, Overstock does last I heard hold a portion, and would hold all of it, if suppliers start accepting it. A portion of small sellers accept bitcoin directly, openbazaar all the sellers accept bitcoin directly. It's a chicken and egg problem. Also, bitcoin online payments are not comparable to a Gold Debit card allowing online transactions either. With the Gold backed Debit card, you have to send your gold to them well in advance of your online transaction, so they can have and verify your gold. Whereas with bitcoin, I have total control of my bitcoin until the second I decide to pay for something online. IF you are referring to if we returned to a "Cough" government controlled gold vault that pretends to have all the gold required to account for all the paper gold issued, then you are insane to believe they'll actually honor that agreement for long, and we'll be right back to pure fiat in a couple decades.
    32 replies | 581 view(s)
  • RonPaulIsGreat's Avatar
    Yesterday, 01:02 PM
    They can waste billions fighting it, and possibly slow it down a few years, that's about it. We are talking about Trillions of dollars here, not billions. 1. food delivery drivers. (24/7) nearly everywhere for almost no additional cost. 2. Retail to Home delivery 24/7 nearly everywhere (new application) 3. Trucking traditional becoming far more efficient, with 24/7 vehicle movement. 4. 24 hour UPS/Fedex/USPS delivery possible. 5 24/7 vehicle upon request nearly anywhere. No more cabbies or uber drivers. 6. EMergency vehicles. 7. Automatically patrolling police cars for "presence" and monitoring trouble areas.
    60 replies | 607 view(s)
  • RonPaulIsGreat's Avatar
    Yesterday, 10:23 AM
    Well, obviously disliking bitcoin doesn't mean you hate Ron Paul, anymore than disliking gold would mean you hate Ron Paul. I flirted with the "gold" bug side of things for a while. But Gold is to flawed to work at scale in the modern world. Why? 1. The only way gold could ever be used for day to day normal transactions EVER, is if you hand your gold to a central authority, and then they allow you to sell microportions of your Database Gold for fiat to be used at store checkout. To me that doesn't have an essential quality, which is decentralizatioin outside of direct government control. IF the gold backed debit cards ever took off it would be trivial, as in one phone call easy for the goobermint to lock your account, or seize the whole of the gold vault. So, it solves nothing. Sure you can hold physical gold in your house, but that does nothing towards becoming a day to day currency of the masses. All the roads for gold and wide spread use lead to a central authority, so it is not a compelling case. You can not order off ebay with a Silver Eagle, and you never will be able to in a decentralized manner, but Ebay could today add the option to accept bitcoin, and bitcoin would remain just as decentralized as it is today or more actually because then ebay would be running nodes as well. That flaw doesn't exist with cryptocurrencies at least, I have in my possession right now the only private key that will allow the spending of my Bitcoins, no government, no corporation, can do anything to them, unless they want to send in a swat team and torture me for them, which at least makes it orders of magnitude more difficult to take them, as opposed to centralized database gold, which requires a phone call. IF I were an anti-fed gold bug. I'd likely have most of my money in Gold, and a small amount in bitcoin as the "internet" enabled layer of my "anti-fed" stash. I do actually buy things with bitcoin online, mostly at newegg.com
    32 replies | 581 view(s)
  • RonPaulIsGreat's Avatar
    11-19-2017, 07:26 PM
    A fraction of the miners drop off all the time, as equip ages, or dies, or whatever and new ones are added to depending on the environment. The difficulty adjusts every like 2000 blocks, meaning it can become harder or easier to mine a block after each difficulty adjustment. So, if it becomes unprofitable some miners will quit, and the difficulty will lower, meaning it'll take less computation to find a block which means profitability goes up for the remaining miners. Plus at least for a period some will mine at a loss even, as a speculative play, or to simply help protect the network, in the case of a massive price drop overnight.
    32 replies | 581 view(s)
  • RonPaulIsGreat's Avatar
    11-19-2017, 10:51 AM
    If you are against bitcoin you hate Ron Paul.
    32 replies | 581 view(s)
  • RonPaulIsGreat's Avatar
    11-16-2017, 04:09 PM
    8000 breached..... OMG.....
    221 replies | 6914 view(s)
  • RonPaulIsGreat's Avatar
    11-16-2017, 03:24 PM
    No trolling required a Blockchain can not insure the accuracy of the gold accounting it is being used as a "representation" for. So, the ledger will 100% be flawed. So, in order to fix your gold back cryptocurrency when errors occur or thefts, or counterfeiting of the gold, you must be able to modify the values of the blockchain at will, by some centralized authority, and that modification power will override the control any user has by simply holding a private keys. In order to have a blockchain backed by gold it REQUIRES a central authority that can modify balances at will, making it useless as a store of value, outside the control of goobermints, or corps. At that point you might as well use a mysql database like peter schiffs company likely uses. Edited to add.... As far as "what's there" in regards to bitcoin. The ultimate quality is the accuracy of the accounting, it is the most resistant system to fraudulent data entries every made by man to this date. So, there is likely 99.9999999999% probability that a bitcoin with a few confirms is truly 1 Bitcoin under your control, and that 1 Bitcoin was created by a set of rules that can be traced back to 2009, and anybody with the public address can verify that fact from anywhere on the planet. That accuracy does not exist with banks, nor "electronic gold", etc....
    221 replies | 6914 view(s)
  • RonPaulIsGreat's Avatar
    11-15-2017, 09:29 PM
    White is like obscenity, you know it when you see it.
    5 replies | 174 view(s)
  • RonPaulIsGreat's Avatar
    11-15-2017, 09:05 AM
    All whites are genetically racist.
    5 replies | 174 view(s)
  • RonPaulIsGreat's Avatar
    11-14-2017, 03:46 AM
    Why couldn't bitcoin adapt the "solution" that allows conveniently buying the cup of coffee. Answer is it can, and would if any of the systems tried actually worked for that. Ethereum does not do what it's goal is, it can not scale to the levels required at present, they are working on it like every other "real" crypto is. "Bitcoin Cash" fork, just bumped the blocksize up, and didn't solve anything at all. They are completely on the path to datacenter nodes, with their "Vision" of up to 1GB blocks, essentially making it a retarded nearly centralized version of paypal. It really will barely be considered a "Bitcoin" like system at all then (no real decentralization), when you HAVE to run a node in a large datacenter, and use a 20,000 dollar server just to handle the load. So, "bitcoin cash" isn't. Monero had scaling issues last I heard. Anyway, the solution it appears, is a way to do small transactions on a less fundamentally secure platform, and have that settle back to the base layer periodically. I'm 100% certain that'll happen, the question is how seamless the process can be made for the end user, if it is inconvenient, or requires technical knowledge to do it, then it is no solution for the masses. 2018 is likely to be the year of "2nd layer" solutions for micropayments experimentation, as that is truly the number one thing holding back adoption. By 2020 my gut prediction is 90% chance coffee payments will be happening,using a 2nd layer solution.
    221 replies | 6914 view(s)
  • RonPaulIsGreat's Avatar
    11-14-2017, 03:22 AM
    I was born white. But... since I'm attracted to white girls, and my weiner is larger than average, and I love kfc, I think I must be black. I can't be white, because I don't hate myself or feel bad about things that happened 200 years ago. I also never experienced any "White" privilege, it's like everyone knows I'm really black. I'm so confused.
    26 replies | 259 view(s)
  • RonPaulIsGreat's Avatar
    11-14-2017, 03:18 AM
    "The goal is do some early sales of Chia in Q2 2018, with a full launch of its cryptocurrency by the end of 2018, though Cohen says that’s a stretch goal." That's all you need to know.
    5 replies | 286 view(s)
  • RonPaulIsGreat's Avatar
    11-11-2017, 01:17 PM
    REal men use electric chainsaws, didn't know had so many boys up here.
    38 replies | 1462 view(s)
  • RonPaulIsGreat's Avatar
    11-08-2017, 09:57 AM
    I would like a good electric acoustic guitar with the ronpaulforums discount please. I will pay in bitcoin. You can be creative with the accounting and report it broken.
    14 replies | 230 view(s)
  • RonPaulIsGreat's Avatar
    11-08-2017, 12:51 AM
    IF you can fit two hands in the bush, better to find another bird.
    21 replies | 536 view(s)
  • RonPaulIsGreat's Avatar
    11-06-2017, 05:52 AM
    I don't use the internet so not a problem I need to think about.
    23 replies | 424 view(s)
  • RonPaulIsGreat's Avatar
    11-06-2017, 05:33 AM
    OMG, NSA speculated about the advent of electronic cash!!!!!!!! as did 1000's of others before it actually came into existence. I'm selling all my bitcoins it's obviously a program by the government to diminish its own power. I just read several sections of that paper, it all revolves around a central "Bank" controlling deposits and withdraws. So, not even similar at all to bitcoin. Proof of work is probably the most important thing about bitcoin, as it allows the mining process, which gets rid of the need for a central authority to approve transactions, and prevent nefarious situations like double spending (if wait for the transaction to be several blocks deep before counting it as "actually" received).
    221 replies | 6914 view(s)
  • RonPaulIsGreat's Avatar
    11-05-2017, 09:13 AM
    That's Hawt.
    36 replies | 549 view(s)
  • RonPaulIsGreat's Avatar
    11-05-2017, 06:39 AM
    Kingdom Holding Company Chairman Prince Alwaleed Bin Talal was interviewed on CNBC today where he discussed a plethora of political and financial topics. The one that appears to be capturing the most attention is his comments on Bitcoin, or cryptocurrency in general, as he stated, “I just don’t believe this Bitcoin thing.” The Prince went on to describe Bitcoin as Enron-like, referencing one of the most famous financial frauds of all time. “Enron in the making.” said the Prince. He went on to criticize Bitcoin as it is unregulated and not under the control of any governmental agencies such as the Federal Reserve. Of course, this lack of government control is part of the global appeal of Bitcoin. “I am in agreement with JP Morgan, said Prince Alwaleed. Referencing Jamie Dimon’s famous comment where he labeled Bitcoin a fraud. Don't fuck with us, or you get taken out!!One down... a 1000 to go..
    63 replies | 847 view(s)
  • RonPaulIsGreat's Avatar
    11-05-2017, 06:19 AM
    I'm beautiful no matter what they say, words can't bring me down...
    36 replies | 549 view(s)
  • RonPaulIsGreat's Avatar
    11-04-2017, 11:38 PM
    edited because went back to your post 8... MAn, I already said most of the "electricity" energy is converted to heat in computing. No idea how you don't grasp this... Sure like 99% is converted to heat immediately versus 100% in a "normal" electric heater (not a heat pump) going the 99% route I make like 4 times my power bill cost, So I'll sacrifice the 1% or gosh I'll be generous even 5% in efficiency (in terms of waste heat generated). In most systems like a computer heat isn't wanted, so it's thought of a waste product, and in the summer it is, but in the winter it's great. I didn't turn on my furnace once last year, and doubtful I will this year either.
    17 replies | 444 view(s)
  • RonPaulIsGreat's Avatar
    11-04-2017, 08:16 PM
    Dude, are you retarded, I actually described why perpetual motion machines don't work, which is because you always get less useful energy out of any system than you put in, the rest is converted to heat. You can't convert the heat back to electricity in a 1:1 manner, there is no way to capture it that efficiently, some will always dissipate into the surrounding environment. The universe itself though, does not lose energy, it converts it. Here educate yourself. LAWS OF THERMODYNAMICS http://www2.estrellamountain.edu/faculty/farabee/biobk/BioBookEner1.html
    17 replies | 444 view(s)
  • RonPaulIsGreat's Avatar
    11-04-2017, 08:01 PM
    Actually in the end it does all get converted to heat.. All energy has to be converted to another form, you can't consume something, and it disappear. Computing is simply routing electricity about, in a a controlled manner, and creating voltage differences, representing 0 or 1 on a massive scale. Even the miniscule amount of energy required to flip a 0 to a 1 on your hard drive will eventually dissipate as heat, as the magnetic field degrades, it effects the material, causing slight warpage, and tension which will result in heat. Or that led light on your computer will emit photons that eventually interact with a surface, and that causes a miniscule amount of heat. OR the radio wave emmisions eventually interact with the environment and cause heat. Yes, everything eventually turns to heat in a computer. A small amount of that energy may not be transformed in the local system. Even some of the energy is lost in the house wiring from resistance. Unless you store, that energy in another form, it is converted to heat. Otherwise you'd be breaking the laws of physics, and dumping energy consumed into the null. And yes some of the energy is used to flip states on the hard drive, or inside the computer, but even that energy potential eventually dissipates to heat, and even the energy stored in the battery on the motherboard will eventually dissipate as heat or another chemical reaction. So, for all practical purposes ignoring trivial amounts of power emitted in radio frequencies, temporary magnetic fields, and light, it does get converted to heat. This wouldn't be shocking to you if you put your hand in front of one of my mining rigs, lots of hot air blowing. constantly. And yep one of my rigs is equivalent to a 1KW space heater effectively.
    17 replies | 444 view(s)
  • RonPaulIsGreat's Avatar
    11-03-2017, 12:02 PM
    Yeah, kinda disappointing, hopeful it picks up soon.
    221 replies | 6914 view(s)
  • RonPaulIsGreat's Avatar
    11-03-2017, 01:05 AM
    I took care of it, I made facebook posts for all major cities that there will be a cosplay party featuring my little pony, and anime creatures and free punch and pie. No way they can resist.
    68 replies | 1098 view(s)
  • RonPaulIsGreat's Avatar
    11-01-2017, 06:02 PM
    I actually pay my capital gains tax on bitcoin, I'm not hiding. One could if so inclined, jump some hoops and remain anon. But I just don't want to deal with it. 15% capital gains, hurt writing tax checks worth more than I spend on myself for a full year. But I can prove to any goobermint agent paid my slave tax to support welfare mommas and military men.
    221 replies | 6914 view(s)
  • RonPaulIsGreat's Avatar
    11-01-2017, 05:51 PM
    I sold some like a dumbass earlier this year, if I held would be worth like $100K+ more than I am now. Sold on coinbase, transferred to my bank. No one has said a word bank or "gdax" (coinbases exchange side). I still have bitcoins, I didn't sell it all. It seems some banks have a problem with it, others don't. My bank is small, and if they have a problem with it, I'll just move to a different bank the next day. It's legal to buy and sell bitcoins. I don't do drugs, or hire hitmen. I'm a model citizen as far as law abiding goes, despite my views that government is 95% not needed. Having said all that, I sold enough to cover all my "real" world fiat costs associated with bitcoin and cryptocurrency in general since 2013 when I started. Only in bitcoin land does one feel ashamed selling for multiple 100's of percent gains. lol.
    221 replies | 6914 view(s)
More Activity
About RonPaulIsGreat

Basic Information

Profile Sidebar Configuration

Profile Sidebar Configuration

Activist Reputation (Self-Rated):
1

Statistics


Total Posts
Total Posts
1,412
Posts Per Day
0.39
General Information
Last Activity
Today 03:17 PM
Join Date
11-10-2007
Referrals
0
No results to display...
No results to display...
Page 1 of 13 12311 ... LastLast

11-22-2017


11-21-2017


11-19-2017


11-16-2017


11-14-2017


11-11-2017


11-08-2017


11-06-2017


11-05-2017


11-04-2017


11-03-2017


10-24-2017



Page 1 of 13 12311 ... LastLast