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Topic: 2013-10-07 Bloomberg - Ripple takes on Western Union with deal to grow payments (Read 3337 times)

hero member
Activity: 628
Merit: 500
Ripple is not a swiss army knife in the crypto-currency world, Ripple is the mother and father of all swiss army knifes in the crypto-currency world Cheesy

sr. member
Activity: 308
Merit: 250
If litecoin has been jokingly referred to as the chuck-e-cheese token of cryptocurrencies, then ripple is the swiss army knife.

But how many people actually carry a swiss army knife?

Got a swiss army knife in my pocket right now - Its invaluable to my on a day to day basis. Wether its picking my teeth or stripping down a computer or chopping up carrots for the puppy ;-) i always have it.

If any coin can come close to being a swiss army knife ill buy it up real fast lol (well as much as my little amount of funds could buy!)

legendary
Activity: 1512
Merit: 1000
i think you mean Ripple. xrp is meant to be a currency, anyway. Ripple is the protocol. xrp are not IOUs, which you seem to be implying.

OK I was inaccurate. Ripple is the protocol and XRP is the medium. However I'm considering XRP as a promissory note (IOU) instead of currency.
hero member
Activity: 658
Merit: 500
Why people still don't understand that XRP isn't a currency. It's a protocol and a medium for exchanging stuff. Like a peace of paper. You can use it for printing money, or printing airmiles vouchers, or printing whatever you want. That number in your wallet is only something like a counter for your available sheets of paper.
i think you mean Ripple. xrp is meant to be a currency, anyway. Ripple is the protocol. xrp are not IOUs, which you seem to be implying.
legendary
Activity: 1512
Merit: 1000
Why people still don't understand that XRP isn't a currency. It's a protocol and a medium for exchanging stuff. Like a peace of paper. You can use it for printing money, or printing airmiles vouchers, or printing whatever you want. That number in your wallet is only something like a counter for your available sheets of paper.
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
Ripple is flawed IMO but that doesn't mean it won't challenge dinosaur payment processors like Western Union, and it will more than likely open doors for Bitcoin. There is an air of self-interest to Ripple, but it's nothing to be afraid of.

why flawed ?
hero member
Activity: 680
Merit: 500
Ripple is flawed IMO but that doesn't mean it won't challenge dinosaur payment processors like Western Union, and it will more than likely open doors for Bitcoin. There is an air of self-interest to Ripple, but it's nothing to be afraid of.
full member
Activity: 239
Merit: 100
Heheh, here we go with the "Ripple is a scam" retards.. You are the SAME idiots who would've been screaming "Bitcoin is a scam" 2 years ago. Welcome to my ignore list.
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
Ripple is a joke because it's flawed and the flaws have been pointed out many times already. If you want more information, do a simple search on this forum.

Most of the flaws pointed came out from our conjectures, now the source has been released, maybe we can refresh our conclusions based on the source reading.
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
If litecoin has been jokingly referred to as the chuck-e-cheese token of cryptocurrencies, then ripple is the swiss army knife.

But how many people actually carry a swiss army knife?

what do you mean ? ripple is a protocol

The fact that the protocol tries to do so much is what makes it so difficult to explain - and may be its greatest impediment to success. At least I can get plastic trinkets and maybe a sticker-book or two with my chuck-e-cheese tokens (and possibly even litecoin). So far XRP/ripple has mostly been used to confuse reporters who go on to write even more confusing articles.

Maybe...
member
Activity: 130
Merit: 10
If litecoin has been jokingly referred to as the chuck-e-cheese token of cryptocurrencies, then ripple is the swiss army knife.

But how many people actually carry a swiss army knife?

what do you mean ? ripple is a protocol

The fact that the protocol tries to do so much is what makes it so difficult to explain - and may be its greatest impediment to success. At least I can get plastic trinkets and maybe a sticker-book or two with my chuck-e-cheese tokens (and possibly even litecoin). So far XRP/ripple has mostly been used to confuse reporters who go on to write even more confusing articles.
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
Ripple is a joke because it's flawed and the flaws have been pointed out many times already. If you want more information, do a simple search on this forum.

All the "flaws" has been answered here and on ripple forum. Up to you to believe TradeFortress propaganda and bullshits...
aa
hero member
Activity: 544
Merit: 500
Litecoin is right coin
Ripple is a joke because it's flawed and the flaws have been pointed out many times already. If you want more information, do a simple search on this forum.
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
Ripple is a joke.


I'm sorry but you don't know what you are talking about...
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
If litecoin has been jokingly referred to as the chuck-e-cheese token of cryptocurrencies, then ripple is the swiss army knife.

But how many people actually carry a swiss army knife?

what do you mean ? ripple is a protocol
member
Activity: 130
Merit: 10
If litecoin has been jokingly referred to as the chuck-e-cheese token of cryptocurrencies, then ripple is the swiss army knife.

But how many people actually carry a swiss army knife?
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
Easily shortened to:

"Yet another intermediary that will fail as Bitcoin gains further adoption."



"Yet the next step for bitcoin exchanges and further adoption"
legendary
Activity: 2408
Merit: 1121
Easily shortened to:

"Yet another intermediary that will fail as Bitcoin gains further adoption."

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