Bitcoin Forum

US Banks: Why We Embraced Ripple

• http://www.coindesk.com/us-banks-embraced-ripple/ (http://www.coindesk.com/us-banks-embraced-ripple/)

Now this is great stuff!!

Banking is already digital.  They're just adopting this as a cost saving mechanism but they won't pass down the savings to their customers (it'll go the bank president, CEO or will be used to create more money out of thin air).

Ripple nor these banks are the solution to society's problems.  There's plenty of money in this world ($400 trillion derivatives and $85 trillion of wealth) but it's all centralized by a few banks and private funds, who can additionally also print money out of thin air due to fractional reserve banking.

uhm....they implemented "only" the protocol of ripple...

Very cool, I hope more banks from around the world join in so FX feature can finally be in full mode!

This is excellent news for entire crypto scene, we finally witness hard core status quo holders starting to change! And all thanks to brilliant blockchain technology.

Moments like this, where real life companies dont see crypto as just another credit card to accept, but where crypto is actually getting used and is lowering cost and improving lifes of millions of people is what we all have been waiting for!

Go Ripple! Change that world!

Hasn't done much for ripple down more than BTC & LTC in the last 24 hours on coinmarketcap.

I dont understand why people focus on price at all, its technology that is changing the world not the price of coin.

Also, I dont understand your reasoning, why would anyone manipulate in a way to keep the price down and downvalue its holdings? Doesnt make sense, does it

Ripple as a currency is irrelevant , but i agree that this is a general positive transitional move.