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I would like to participate in this forum, but it is getting quite annoying to do so. I understand they want to filter out some people, but now these posts feel like useless breath (typed), because who is reading the newbies forum apart from the newbies who are waiting for their junior membership...?

The big difference with ripple and BTC is the intrinsic value attached to it. While BTC costs resources to mine, ripples are just created out of thin air. As a good investor will tell you, never invest into a project without any intrinsic value.

As such no intrinsic value is not really a danger. We use currencies all day without any value attached to it. However these currencies have a central bank attached to it. And although there are some "High Chiefs of Ripple", it is not the same as a central bank.

The monetary policy of a central bank of all the worthless pieces of paper we call our currency is heavily tied to constrained by rules, proclamations, but most of all long term trust through a reasonable state of independence. The High Chiefs of Ripple have none of the above. To earn money, they only need to 'release' ripples. When a reciprocal service is provided for the 'release' of ripples, they are better off.

Of course The High Chiefs of Ripple will not do this in the foreseeable future. But what if one is a little short of money, or wants a penthouse bigger than any of his friends? What is to say they will show the restraint necessary to keep the value of ripples constant?

I for one would not invest in ripples, but would want to exchange ripples to another currency asap, every time the service/good I have provided has come through. Up till the moment that The High Chiefs of Ripple create a trustworthy body which play the role of a central bank, with no financial incentive, there is no telling when the inflation-bomb will explode.

I am curious what happens in international markets. Especially wit the rise of bitcoins. To bad I've already finished my final paper for international economics, or I would have like to write about this.

For me I only see bitcoins as an investment, which could in time lead to a brake trough of acceptance, and could then become a sort of pseudo-coin.

welcome to you and welcome to myself