none of the points you made about Ripple stand. they don't store it, you store it on a wallet.
There is no offline Ripple wallet as far as I'm aware. Let me quote from
gatehub.net:
"We enable financial institutions to act as a Ripple gateway without having to worry about technology." Please point me to a client app that I can download on my local machine and use Ripple without having to trust a third-party or a "gateway". Maybe I missed it.
Or maybe there isn't such an app (?!) Well that would be equivalent of saying "let us handle your money for you". And that's the exact opposite of what bitcoin tries to achieve.
So what are you talking about .. have you read anything or have you picked up stuff here and there.. ?
I've read Satoshi's paper back in 2011. I'm confident I understand most of the building blocks of the Bitcoin network.
And what censor freedom are you talking about, ever heard of KYC ?
Ever heard of privacy?
Atleast ripple was "realistic" from the very beginning. You are the kind who will run to mountain when forest is sick and pretend forest no more exists... You dont solve problems by dismissing the system ... the actual solution is harder because it requires reforming the system
Nope. Reforming the system needs to address the core principles that makes it prone to systemic corruption. Ripple leaves the existing principles untouched and disguises the so-called revolution into "breakthrough" technology. Yet the way they're using the technology won't change anything in the economic landscape, if you ask me. It will get the banks a shinier makeup to stay in the same business and do the same things.
Governments are working with them, central banks and institutions alike.
I'm not so sure that's a good thing after all. In a healthy democracy the political power and the monetary power should be as separate as possible.
the problem if you and your kind pretend no more evolution can happen.
There's a thin line between evolution and digression. And I believe Ripple leads the way to the biggest digression we've seen so far in the cryptocurrency world.
btw i asked you, have you been able to repay everything to everyone form Mt Gox and Cryptsy yet ?
Glad you asked, this points exactly to the disastrous potential of having a centralized party (the exchanges) holding people's money. Gox users were literally entrusting their assets to be held by the exchange. The same thing that happens when you entrust a "gateway" to hold your ripples. Now stating the obvious, if they were storing the bitcoins on their local wallets, then the centralized Gox hack wouldn't have done much.
Good job Random!! Looks like you got the last word in. Ripple has all the properties of a giant scam that strives to give banks and governments and unaccountable private entities control (just like our current fiat/debt system that is driving us all into bankruptcy) while preying on our desire to get rich. From what I can see, make your money if you're already invested in Ripple but be ready to sell when fiat/debt based financial markets begin to fail in the near future and go into BTC or ETH or silver and gold.
Veritaseum is another good investment but that's for another thread ...
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