Ron Paul on Gold, Bitcoin, Immigration and the GOP

http://www.youtube.com/watch?v=9bAcctnZ9c0

Not even Ron Paul understands the potential of Bitcoin. You could perfectly have a minted bitcoin out of anything like plastic, with it's qr code on it. you can print your wallet on a sheet of paper. all you need is someone with an electronic device to read it. buying gold today would be very hard and inefficient without telephones or the internet, so the value of gold would also drop, without any kind of electronic device.
But it's very unlikely for us to really lose our ability to maintain electricity or som kind of digital communications.
So, the only point Ron Paul  is making, is that it is to difficult for people to understand, how it works out for them personally. this is just a matter of time, and this could make gold really somewhat obsolete.
remember, this view about btc applies only as long as nobody can hack the crypto source or shutdown the internet entirely
I think he understands that if you don't have a computer you can't generate, or purchase. Love the idea of it all, but I don't trust it. Congress or the feds dont want to go after it...fishy.  Does anyone know the true creator of it? One would think most free thinkers would question bitcoin.
What are you some sort of left wing statist conspiracy denier loon? What do you think QE 1,2,3 to infinity is? You clearly have no clue what Ron Paul represents. You should actually listen to the man instead of parroting some BS like 'conspiracy theorist' when clearly you have no clue what even that term means. Go ahead and get back to bowing to barry oBOMB'a soetoro's "dope & strange" poster hanging in your mom's basement...clown.
I am disappointed he didn't talk more about the shortages in the physical markets earlier on in the video when they were pressing him. This drop is ONLY in the paper markets. Delays and premiums have made the physical price pretty stable over this drop. Premiums have gone from 5% to 25%
Because he's a conspiracy theorist supported by right-wing extremists who doesn't seem to understand basic economics. "Look at the long term purchasing power of the dollar, it's been devastating." Sure in nominal term, but not in real terms : in 1918 a gallon of gas was 3.84 2012$ and in 2012, it was 3.55$ 2012$. Between those 2 years, price has moved up and down like any other commodity, gold included. If you want real inflation, you would need to print money like Germany did in the 20s-30s.