Quote from: Chokolo on December 30, 2017, 11:29:53 AM

Quote from: MemberBerries on December 30, 2017, 10:46:57 AM

Quote from: Litvin on December 30, 2017, 10:37:18 AM

Ripple is an organization from the United States of America, whose head office is located in the city of San Francisco. According to the data posted on the company's official portal, it provides a permanent experience of working with financial resources in all countries of the world thanks to the use of distributed registry technology. Banking institutions, as well as payment providers, are given the opportunity to use XRP coins in order to subsequently lower their own costs and gain access to new markets. By joining Ripple, many financial institutions are able to economically and safely serve customers in any state.
The main difference between the virtual currency XRP, the creator of which is the company Ripple, is that this digital currency can not be produced. There are currently no pools or miners for XRP mining. Coins of this crypto currency are produced, in fact, as banknotes on a printing press. The release of these tokens is not limited to anything, as a result of which there can be infinitely many of them.

The main function of XRP coins is to perform interbank operations to transfer funds. Serves those who created a modern financial system!

Based on this, it can be concluded that XRP is a centralized virtual currency with unlimited emissions used by the banking system.
There is practically no difference with the Central Bank of any country. Crypto-currency is valuable in that it proposed an alternative version of the current financial system. Ripple is the operating system.
Bitcoin was able to return to consumers of financial services the ability to independently make financial decisions, regardless of the decisions of banking systems, while excluding the possibility of control from a third party.
As of today, Bitcoin, despite the increase in the size of the commission, gives users the opportunity to independently manage their financial resources. The Bitcoin network is decentralized, that is, it is operated by the users themselves, and not by one particular person. Naturally, large players can perform operations that will somehow affect the network, but they are not able to control it. Among other things, this crypto currency has gained popularity due to the anonymity of the transaction.

At the same time, Ripple returns its customers to the banking sector, from which they were released by using the Bitcoin digital currency.

Can you show us where it says they can print more? No you cant because u r full of BS

He doesnt understand Ripple so he just assumes since banks can print money and cause inflation, so could Ripple "because its a bank coin".

Just like the rest uninformed people he doesnt know that when Ripple was created way back in what, 2011, they made a fixed cryptocurrency XRP along with whole cryptosystem, and that was all that was created. They cant just make new XRPs since the system is already created. Just like they cant just destroy XRPs either.

What is possible to do is create new rules that all the nodes operate on. For example change XRP burn rate from 1000 transactions to 10 transactions. But that require a majority vote among nodes which is why its a decentralized system. Ripple doesnt own the majority.
Other things that can be changed through voting is price per transaction.

Short story: Ripple and XRP may be tailored for banking and everything transaction wise, but its extremely safe with its decentralization. Which is why it is so popular. The rest are just uninformed and mad they own a different cryptocoin

Just because of the fact that almost all banks willingly work with Ripple, anonymity in this system does not smell.And yet, Ripple has 100% premain and unlimited emissions.This conditional expression in this context implies 100% ownership of the entire money supply, the developers of Ripple.Read more books, you will benefit;)What or who prevents Ripple Labs from printing 100 more miilands, 200 billion, 1 trillion? You?