Post
Topic
Board Altcoin Discussion
Re: Ripple exchange rate?
by
Spekulatius
on 22/02/2013, 21:30:09 UTC
What's a ripple worth at this time? Rather, how much would 1000 ripples be worth? Any exchanges opening up?

I have a slight suspicion this questions misses the point. I'm not sure, though. While XRP seems to be a commodity like bitcoin, I'm not sure it will/should be used as money.

Maybe someone can explain... does it make sense to "value" XRP. Will its value somehow increase with ripples possible success? Or is it just a spam-prevention-measure?


Sure it has many of Bitcoin's properties and if only it had those of "unusual hats" it would still be used as currency. For example Sending Ripples through the network doesnt require you to find any gateway and fund it. Thats an advantage over other currencies supported so far.