Quote from: obit33 on January 09, 2018, 05:37:03 PM

Quote from: vsyc on January 09, 2018, 05:26:16 PM

Quote from: obit33 on January 09, 2018, 04:48:19 PM

Escrowed or not? It's in the hands of a single company who created them out of thin air, how does this differ from a central bank printing fiat out of thin air?

You're confusing the ripple protocol (which might be adopted bigtime by banks) with the ripple tokens (the things you're buying of which you think they will be used by banks). I thought this whole crypto-thing was about cutting out the middlemen enriching themselves, not enriching the same middlemen even more? I must be too oldschool to comprehend :-)

How you mean 'useless in real life'? You mean you can't transact with it? Do you think gold is useless in real life? Sure, nobody uses it to transact with, but people who owned gold instead of dollars to save are way way way better off... So describing it as useless is very subjective...

Might surpass bitcoin and might make you paper profits, but you'll pay in freedom and future for you and your children

best of luck,

Ok, you come, you give some amazing shittalk, what is your alternative? Some privacy coin that is used in darknet for child pronography, drugs and other criminal/fraud/scam activity? This is what you want, that your children would be raped, sold and doxed?

Wow, dude, chill...

I like to discuss based on arguments... not on some baseless accusations... Please tell me where I told lies without insulting me...

Ok, you think it was shittalk, that's your opinion, no problem with that...

My alternative would be a trustless decentralized private coin without a mining-aristocracy that can't be created out of thin air at the whims of some company or central bank or whatever you want to call it...

The last thing you do is a total logical fallacy.

Because I would support a private currency (aka: if I transact with someone that person can't see what I have on my bank account or whom I transacted with in the past) I also support child rape and drugs? So, you're saying that privacy is something only criminals need/want? Is that correct: privacy is for criminals? Do you have curtains in your house? Do you protect your emailaccount with a password? Do you post publicly your banking statements?

Now, would you agree that because you're probably using some form of paper money (let's suppose dollars) and dollars are used for human trafficking, drugs and a whole other bunch of crimes much more than any private cryptocurrency, that you support all those things? Is that your reasoning?

Good luck anyway, and best regards.

edit: by the way, your reaction is totally over it... Make sure you're not emotionally attached to any investment you make... it's a recipe for disaster...

But you emotionally attached to some utopia, don't you? There is no such thing as decentralization, there is always something that is centralized and controlled, and maintained and etc. in some cases it happens on same level (layer) sometimes on other layers (levels). Blind people like yourself, come with some random topic and start shouting "Banksters" "Coin worth nothing" "scam". People like you really know nothing about settelment, how it affects other people life, how much money and manpower wasted to support cross-border payments, not speaking about time.

Everyone who calls Ripple or XRP a scam or coin without use, are ignorant idiots that just copy/paste:
- 70k transactions a sec
- 60% savings

Above has to be embossed in their shill heads.

I do not support Fiat, I born and it is surrounds me, no one gave me other choice. Crypto is just digitization of money world.

But Ok, lets get to the point, why do you need privacy? What are you hiding? Why you want to hide? Do you really need to hide and lock yourself, or it is problem in surroundings?