Post
Topic
Board Project Development
Re: Ripple: A Distributed Exchange for Bitcoin
by
Sukrim
on 17/06/2014, 07:34:11 UTC
It's sold as a way to transfer USD or JPY or BTC or any store of value. It's not.

It is a way to trade IOU's, that rely on your trust in the entity that issued them.

The same is true for wire transfers.
And every single Bitcoin exchange listed here: http://bitcoincharts.com/markets/