Re: Breaking: Ripple to decentralize XRP more then Bitcoin & also do it much Better
you should try thinking for yourself instead of using FUD copy pasta.
Oh ignore trolls like that my friend. Their misinformation campaign has backfired and lost.
YOU are a large scam... and your trolling group whoever PAID you to come here and type a bunch of crap, without any proof.
I did my own thinking and I'm not part of any "higher-level" fud campaign. Neither do I support or endorse any shitcoins for that matter. Now let me rephrase:
Bitcoin* has a real potential to change the world. It came out of nowhere some years ago and said - look, people can now send monetary value to each other without trusting each other and without requiring a trusted third-party to settle their transactions. This is huge. Bitcoin delivers on this promise and slowly but surely democratizes our financial systems, making them both global and censorship-resistent. It takes the banks out of business because we now have the means to store our coins on our own private devices (laptops, mobile phones, etc) and transact with each other without a trusted intermediary.
Now what about Ripple? Here's the deal - you don't store your coins anymore. You gotta trust Ripple. Your money is on their servers. Just as your bank next door. The server code is closed source. Forget about transparency and "utopian" ideals. We know better how to do it. Let us handle your money. We're using "blockchain" technology
Nevermind it's privately owned, privately controlled, closed source and thus prone to politically-influenced censorship. That doesn't matter. Because we're certain that Santander, Google, SBI Group are there to serve our best interests. All of them are not-for-profit organizations with a sole mission to make the world a better place. But too much talk already. Let's catch the next pump wave with them and get rich.Capische?
* When I mention Bitcoin above, feel free to replace it with any other cryptocurrency that stands by the same core values: open, global, borderless, transnational, distributed, trustless, censorship-resistent.
okie none of the points you made about Ripple stand. they don't store it, you store it on a wallet. RCL cannot be compromised with a decentralized attack and transaction reversal. Add to that even when one of the founder Jed tried to dump and run - they could not cease his funds using their servers, instead they had to get a court order to freeze his account on bitstamp.
So what are you talking about .. have you read anything or have you picked up stuff here and there.. ? You shoudl provide links and proofs to prove your point.
And what censor freedom are you talking about, ever heard of KYC ? without KYC the only thing you can do is send money to and from your friends who trust you ... Go to any exchange, buy anything, try anything, you will need KYC, regulation will tie every wallet to every person who owns it...
unregulated wallets can only do so much... So ?
Atleast ripple was "realistic" from the very beginning. You are the kind who will run to mountain when forest is sick and pretend forest no more exists... You dont solve problems by dismissing the system ... the actual solution is harder because it requires reforming the system
Ripple is doing that and now everyone is recognizing. Governments are working with them, central banks and institutions alike.
By the way, you have so much study to do, so i guess some "Capische" will help you... besides i myself love bitcoin, its the insecure trolls afraid of evolution and insecure - glad to know you are not one of them...
but anyways... a transaction currency which allows anyone to send even small values wit very low fees, and perform a fully legal settlement across all layers has its own value... It does not take hours ( and now days ) for confirmations ...
the problem if you and your kind pretend no more evolution can happen. while we think evolution is a constant thing.... ripple is fundamentally differant and dont think will replace bitcoin, but some better bitcoin will ... bitcoin burns all that kilowatts for nothing... pow is just human mind illusion .... But now ethereum at least uses the same electricity and cycles for execution of code of your choice.. now boscoin is coming that makes it even better by making the outcomes guaranteed... go figure .. . good luck