Post
Topic
Board Altcoin Discussion
Re: Ripple or Bitcoin
by
SamS
on 31/05/2013, 17:15:56 UTC
What's elegant about keeping as much as you can get away with?  It's profit maximizing for certain. Elegant though?

I'm not a Bitcoin Marxist Redistributionist. I see nothing wrong with private enterprise generating revenue / profit as long as they do not violate anyone's property rights. I hope the Ripple founders and company make a zillion dollars. If Ripple delivers on its promise, they deserve it.



We can agree on that point. It's a business like any other. I just find the argument that Ripple is keeping XRP's to altruistically fund development to be a bit much. By the way, have you ever met a "Bitcoin Marxist Redistributionist" -- that's a mouthful. Smiley