I am working on a service that will allow people to be notified when they receive a Ripple payment (say, your World Computing Grid XRP giveaway payouts ):

https://wasipaid.com/

- It is as simple as it could make it. There is no registration or accounts. You simply have to provide a ripple and an email address.
- You can watch any Ripple address, whether it belongs to you or someone else.
- I've put quite a lot of effort into making sure this works as reliably as possible, without notifications being lost, so that it may be used for business applications.
- I'm charging $1 as a nominal one-time setup fee. You will pay this via Ripple (I am currently accepting Bitstamp USD)

If there is interest, I'd like to extend this to support url callbacks, which would make it easy to do shopping cart integrations etc. to get a live payment status update. SMS notifications is also an option, as are monitoring other types of transactions, like trust lines or market orders.

Why lend Bitstamp your hard earned money without interest, and then jump at the opportunity to let them control with whom you can trade?

Its important to make people understand that this is how Ripple works. Charlie made a mistake in trusting Alice, and you making the right decisions about whom to trust is exactly what Ripple is based on. If you have a problem with that, Ripple may not be for you. But understand that this is is not fundamentally different from other trust concerns that are commonplace everywhere ein our lives.

Trust Alice for lunch money, trust Bank of America for your paycheck, maybe trust that Bitcoin won't die a silent death for your retirement fund.

This is particularly true in light of the fact that this:


is just conjecture. A court of law may well decide that a Ripple IOU shall be an enforcable contract. That would be a distinct possibility today, and it will be more likely if people increasingly decide they want to use Ripple.

I think there is no denying that if the theorems behind money are not something your brain is trained to think about, understanding Ripple *is* hard. Sure, everyone gets what an IOU you is, but that still leaves you with a dozen questions about how everything comes together in this particular system. What are the implications of paying with IOUs, what does it mean for me when I use Ripple?

It certainly took me a while to get it. The fact that the Ripple site is focussed on promoting an XRP giveaway and touting high-level enduser benefits probably isn't helping.

In fact, even after I had a good understanding of Ripple itself, I needed to listen to this interview with David Schwartz to get me excited about the "rippling through accounts" feature as something to facilitate private lending ("money as a social resource" is the phrase he used).

http://letstalkbitcoin.tumblr.com/post/50482657399/lets-talk-bitcoin-episode-007-ripple-the

I'm fond of saying that Ripple is like Bitcoin for people who don't want to topple the government. If I'm still using dollars and euros in 10 years, I'd prefer to do it in Ripple. The feds should feel free to guarantee my Citibank IOUs, as they already do.

I too would like to respond to a thread outside the Forum. I'm not a newbie! You guys should just let people buy themselves a quick pass out of here by sending you BTC.