If their page gets down all the ripple system is dead. simple as that. Also since its limited to 100 billions, the number of accounts is limited too because they need a "reserve", and it will not get mass adoption.
And nobody knows if they can make another ton of 100 billion xrps if they want since its closed-source...
And nobody knows if they can make another ton of 100 billion xrps if they want since its closed-source...
Not one of you has addressed how Bitcoin is going to become a payment system. Ripple DOES address this FIRST. xrp will only take off in value once the payment system takes off.
You CAN'T USE BITCOIN until you exchange your regular money to get it. Why would someone do that to buy a pizza?
Answer this question and let me know how Bitcoin plans on addressing these problems.
Ripple on the other hand DOES address these issues.
If Bitcoin has something that will address these issues in the near future, I'd be happy to reverse my opinion. I don't see any answers other than people don't like that Ripple is closed source, they don't like that a company pre-mined 100,000,000,000 of that system's currency, or that they are worried their might not be enough currency to create an account for everyone in the world.
Are you guys for real?
I'm all about solutions. Tell me how Bitcoin fixes (or plans to fix) the issues I illustrated in my OP.
Wondering how many ripples OP received in return for this promotion.
