Ripple is entirely superfluous. Why would I need a Ripple account to send BTC when I can send BTC using Bitcoin QT, or Coinbase?
Ripple is against everything that Satoshi Nakamoto envisioned with Bitcoin. Its simply an attempt to cash in on Bitcoin's popularity, and WILL FAIL.
Ripple is absolutely not against everything Satoshi Nakamoto envisioned. You definitely need to open your eyes and think a little harder. Ripples adds an excruciating amount of utility to bitcoin and electronic transactions as a whole. It is easier for me to load my Ripple account with USD than it ever has been to get USD into an exchange to buy bitcoins. But with Ripple, I can instantaneously change my USD into BTC, EUR, CNY, and almost any other currency all from one single interface, and I can also trade all of those vehicles against one another. Now I can send BTC directly from my Ripple wallet and not have to cash it out to an exchange and then wire it out to another wallet? I'm game.
What do you mean by this? The merchant won't know where the payment comes from?
Yes, I'm curious if the sending address that the merchant would see is the gateway's address or what. If it is the gateway address, then individuals would not be able to sign a message to prove that the transaction came from them.
you can trade ripple for IOUs that are only as good as the people backing them. not to mention if you have legit ious and fake ious, someone else can cash out your legit ious.
Show Posts
