Topic: So I got some ripples... (Read 455 times)
but when you have a $1000 IOU from someone it means that you trust this particular person that he will pay you $1000 on demand, and I think it is the weakest part of this system...
I'm not an expert, but I know the trust is part of the whole system.
It's not really about whether one individual is trustworthy, it's about the readings of the entire infrastructure.
It's not really about whether one individual is trustworthy, it's about the readings of the entire infrastructure.
..and I wonder what should I do with them. I don't want to sell or exchange them but I wonder if all this ripple idea is not too bit complicated for people. And the second thing is that (as I understand it) the ripple idea is based on real trust among people. But the problem is that very often people are not honest, especially when it comes to money-related things.
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