Post
Topic
Board Altcoin Discussion
Re: Ripple XRP distribution requires immediate formalization
by
becoin
on 24/02/2013, 10:19:11 UTC
XRPs have all it takes to become a good currency
So is the dollar, the euro, the pound, the yen. Well, until the moment when the corresponding central authorities decided to print new trillions of these "good" currencies. How is XRP different? Oh, the central authority promised not to print more than 100 billion? Is that what makes XRP a good currency?

Transaction fees have to be paid either in BTC or Ripple IOUs (as per BTC/IOU exchange rate). Introducing XRP is what will kill the whole idea of Ripple. XRP is just another private currency like AmazonCoin!