There is a Ron Paul Coin that has been developed as a cryptocurrency and it is growing relatively fast. Ron Paul does not have anything to do with these coins other than the fact that they were made as a tribute to him. He is not directly involved with the coins or currency in any way. I personally have always been a Ron Paul fan, so I would really be more apt to chase after these coins if he used them or wanted to show open support for them which he has not done. However, that hasn’t stopped tons of other people from both mining them and trading them.

Here are some details on the RonPaulCoin Cryptocurrency

  • Can be traded on coined up market place (hopefully being added to cryptsy soon)
  • 2.1 million coins to be mined 1/10th of Bitcoin total coins so it is more scarce
  • Price has been floating in the $25-30 ranger per coin recently.
  • Total market cap for these coins about $300,000
  • Block time is 2 minutes
  • 1 coin per block for the first 4 years as block reward

Website to checkout including a video of Ron Paul is

The coin is a Litecoin knock-off that is much scarcer than Litecoin. RonPaulCoin may be something to keep an eye on. After all, it has already climbed from complete obscurity to being in the top 50 of most popular cryptocurrencies. If it continues to develop interest it might be something that people start to notice in a big way. The belief system behind the coin is a very solid one based on a tribute to Ron Paul, one of our nations most beloved politicians. How this currency will do in the future nobody can tell for sure, but keep an eye out for RonPaulCoin because even if it doesn’t grow, it was a very interesting concept and one that people were willing to spend over a quarter of a million dollars on at one point.

Bitcoin is still the market leader with over $10,000,000,000 in market cap. Clearly they are not going anywhere anytime soon with that much money tied up in them. I am a huge believer in Bitcoin. I am unsure as to whether or not any of these other unique crypto-currencies will last through the ages, but I am pretty confident that Bitcoin will (at least for the foreseeable future). There are just too many people that want it to succeed for it to crumble into obscurity.

That is one reason that I love Namecoin and Devcoin so much. They are both merge mined with Bitcoin so as Bitcoin grows so do they. They have very strong support systems and lovely communities. I urge you to look into all four of these new digital currencies if you haven’t already. Cryptocurrency is an amazing innovation and Bitcoin, Namecoin, Devcoin, and RonPaulCoin are all currencies to be watched closely. Sooner or later you will wish you had spent time learning about them. So you should spend that time sooner rather than later!

e-Currency | Cryptocurrency

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