Quote from: mmeijeri on April 18, 2013, 05:19:46 PM

Handing out currency to miners is no more and no less ethical than handing them out to the founders of a new currency. Use a currency if it serves your purposes and don't if it doesn't. Stop whining, Bitcoin doesn't exist to give you mining income or to let you get rich from any stash of bitcoins you might have amassed when they were still cheap. If Ripple takes off, it will be great for both BTC and XRP. If XRP ends up out-competing BTC, fine. It that means your bitcoins will become worthless, then boo-hoo-hoo.

this post makes no sense....that would be like saying I created a new metal...it works well with gold and silver and you can use it as a intermediary between the two, but I am only giving out 20% of the metal and keeping the rest for myself and business partners for future sales so I can buy a yacht.

When miners mine bitcoin, they are cracking a code, they are producing energy and feeding the economy with jobs (tech, energy, etc)...ripple is nothing but a get rich quick scheme. I already have multiple wallets where my buddies can send me bitcoin or euro etc... why do I need another? (people will realize this and) It will die and the people that are paying $100 bucks for ripples will be mad.