Quote from: obit33 on January 09, 2018, 06:35:56 PM

Quote from: vsyc on January 09, 2018, 06:28:17 PM

So far you did not answer my questions, you did not provide me any argument. Decentralization will not be born from thin air, even Ripple is not printed from thin air like many of like you spread. It has an circulation of 100B coins, 55B was put into escrow (useless step though, instead of "Ripple can dump" people like you started to say "Ripple can print", though Ripple did it just for community not that they needed that to do).

Once again, decentralization will not born, just because you strive, like you will not produce poo without consuming something, you can strive in toilet as much as you can, but first eat than do poo.

As of privacy, you lost it when you bought your first modem from Telco and started typing into thing called internet, its the same as to write on the wall in public place, or shout.

Your first 2 sentences are more of an opinion. You're right about the printing though, there's a limit on the number of ripples. I was more talking about the fact that they were just 'created' by 'a push on the button'... There wasn't any energyconsumption, no work, a rippletoken represents nothing...

So because there's a lack of privacy now, we should just give everything away according to you, we shouldn't care anymore... I'll ask my very simple question again then:

Quote from: obit33 on January 09, 2018, 06:08:33 PM

edit: and just one simple question: You would be okay with it, that if you sent me money by bank, that I could see how much you have on your bank account, that I could see whom you transacted with in the past, for how much, how many times... yes?

Would you please answer it now?

There is nothing wrong with that, you can look and see my bank account, problem is not in that, why would I hide? Problem is in society, not in what I do with my bank account, if everyone has food, house, other things that help build family, why would I care about my bank account, why would I need one at all?

Take Bitcoin, 11 million of bitcoins were created by the end of 2011, just 3 years. Not a big effort. No-one cares in nowadays about rest of the coins, because most coins in concentrated in hands of exchanges and other guys like Winkelvoss brothers.

This is hard to call work, the rest is just illusion to produce fake value "We mine", common like.