Author

Topic: 2013-11-11 NYTimes: The Rush to Coin Virtual Money With Real Value (Read 1063 times)

legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
Its okay, they're the "Razorfish" of bitcoin startups.

Don't know who "Razorfish" is? That's okay, because they got millions in funding before the big 2000 tech rally popped. They no longer exist.


Netscape does not exist anymore either....

They donated their IP to the Mozilla Foundation. Which brings out Firefox.

right and razorfish got bought out... so...
hero member
Activity: 784
Merit: 501
Its okay, they're the "Razorfish" of bitcoin startups.

Don't know who "Razorfish" is? That's okay, because they got millions in funding before the big 2000 tech rally popped. They no longer exist.


Netscape does not exist anymore either....

They donated their IP to the Mozilla Foundation. Which brings out Firefox.
hero member
Activity: 784
Merit: 501
Its okay, they're the "Razorfish" of bitcoin startups.

Don't know who "Razorfish" is? That's okay, because they got millions in funding before the big 2000 tech rally popped. They no longer exist.


I only remember that name because of this photo:



It was a hoax though:

http://www.pcmag.com/article2/0,2817,1590109,00.asp
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
Its okay, they're the "Razorfish" of bitcoin startups.

Don't know who "Razorfish" is? That's okay, because they got millions in funding before the big 2000 tech rally popped. They no longer exist.


Netscape does not exist anymore either....

anyway that is not the point, plus the ripple thing is supposedly open source now

free PR so i wouldnt wine about it
legendary
Activity: 2408
Merit: 1121
Its okay, they're the "Razorfish" of bitcoin startups.

Don't know who "Razorfish" is? That's okay, because they got millions in funding before the big 2000 tech rally popped. They no longer exist.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Online payment network Ripple Labs receives $3.5m in new funding

Decentralised online payment network Ripple Labs has received a further $3.5m in funding.

 Huh

3,5 mio too much.

http://www.coindesk.com/online-payment-network-ripple-labs-receives-3-5m-new-funding/
legendary
Activity: 2324
Merit: 1125
lol god damn Ripple Grin
legendary
Activity: 3430
Merit: 3080
scam is spelled S-C-A-M, no 'h', no 'e'.

... oh, pardon my poor English, good Sir...

...that's quite alright, my dear fellow...
hero member
Activity: 574
Merit: 501
Please bear with me
scam is spelled S-C-A-M, no 'h', no 'e'.

... oh, pardon my poor English, good Sir...
legendary
Activity: 3430
Merit: 3080
hero member
Activity: 574
Merit: 501
Please bear with me
http://dealbook.nytimes.com/2013/11/11/the-rush-to-coin-virtual-money-with-real-value/

Here we go again, Ripple Labs is tirelessly promoting their scheme...

Quote
Still, the entire world of virtual currencies could be rendered irrelevant almost overnight if law enforcement agencies decided to crack down on transactions. Several state and federal authorities have said that they are looking at how to police the market, worried that the anonymous nature of the online transactions make the currencies attractive for criminals.

Yes, centralized proprietary systems with a single point of failure such as Ripple, could be "rendered irrelevant almost overnight" by heavy handed authorities, no doubt about it. That's why they WILL inevitably fail, sooner or later. Really decentralized P2P currencies like Bitcoin, not so much.
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