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Author Topic: [XRP] Ripple Speculation  (Read 637264 times)
Litvin
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December 30, 2017, 11:53:46 AM
 #6821

Ripple is an organization from the United States of America, whose head office is located in the city of San Francisco. According to the data posted on the company's official portal, it provides a permanent experience of working with financial resources in all countries of the world thanks to the use of distributed registry technology. Banking institutions, as well as payment providers, are given the opportunity to use XRP coins in order to subsequently lower their own costs and gain access to new markets. By joining Ripple, many financial institutions are able to economically and safely serve customers in any state.
The main difference between the virtual currency XRP, the creator of which is the company Ripple, is that this digital currency can not be produced. There are currently no pools or miners for XRP mining. Coins of this crypto currency are produced, in fact, as banknotes on a printing press. The release of these tokens is not limited to anything, as a result of which there can be infinitely many of them.

The main function of XRP coins is to perform interbank operations to transfer funds. Serves those who created a modern financial system!

Based on this, it can be concluded that XRP is a centralized virtual currency with unlimited emissions used by the banking system.
There is practically no difference with the Central Bank of any country. Crypto-currency is valuable in that it proposed an alternative version of the current financial system. Ripple is the operating system.
  Bitcoin was able to return to consumers of financial services the ability to independently make financial decisions, regardless of the decisions of banking systems, while excluding the possibility of control from a third party.
As of today, Bitcoin, despite the increase in the size of the commission, gives users the opportunity to independently manage their financial resources. The Bitcoin network is decentralized, that is, it is operated by the users themselves, and not by one particular person. Naturally, large players can perform operations that will somehow affect the network, but they are not able to control it. Among other things, this crypto currency has gained popularity due to the anonymity of the transaction.

At the same time, Ripple returns its customers to the banking sector, from which they were released by using the Bitcoin digital currency.

Can you show us where it says they can print more? No you cant because u r full of BS

He doesnt understand Ripple so he just assumes since banks can print money and cause inflation, so could Ripple "because its a bank coin".

Just like the rest uninformed people he doesnt know that when Ripple was created way back in what, 2011, they made a fixed cryptocurrency XRP along with whole cryptosystem, and that was all that was created. They cant just make new XRPs since the system is already created. Just like they cant just destroy XRPs either.

What is possible to do is create new rules that all the nodes operate on. For example change XRP burn rate from 1000 transactions to 10 transactions. But that require a majority vote among nodes which is why its a decentralized system. Ripple doesnt own the majority.
Other things that can be changed through voting is price per transaction.

Short story: Ripple and XRP may be tailored for banking and everything transaction wise, but its extremely safe with its decentralization. Which is why it is so popular. The rest are just uninformed and mad they own a different cryptocoin
Just because of the fact that almost all banks willingly work with Ripple, anonymity in this system does not smell.And yet, Ripple has 100% premain and unlimited emissions.This conditional expression in this context implies 100% ownership of the entire money supply, the developers of Ripple.Read more books, you will benefit;)What or who prevents Ripple Labs from printing 100 more miilands, 200 billion, 1 trillion? You?
moli1
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December 30, 2017, 11:55:15 AM
 #6822

Digital currency Ripple soars nearly 56%.. becomes second-largest cryptocurrency by market cap ($93,562,782,635 USD).
Ripple climbed 55.9% to a record high of $2.23 friday afternoon, according to CoinMarketCap.
The digital currency had a market cap of $86.3 billion.. surpassing ethereum's $73 billion. according to the website.
But Bitcoin still remains the largest digital currency by far.
It has a market capitalization of roughly $247 billion.
Branko
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December 30, 2017, 11:57:16 AM
 #6823

Board of Directors ripple labs
Garlinghouse was born on February 6, 1971 in Kansas, USA. He studied at the University of Kansas in Economics, and also has an MBA from Harvard Business School.
Brad worked in some major technology and computer science companies such as Yahoo, AOL, Hightail, and he held posts on ancestry.com and Tonic Health.
The board of directors of the company Ripple included Zoe Cruz, who from 2005 to 2007 held the position of co-president in Morgan Stanley

The former director of the New York City Financial Services Authority (NYDFS) and the creator of BitLicense, Benjamin Loski, is now on the board of directors of the Ripple crypto-currency start-up. As stated in the press release of the company, he will promote the payment platform and the XRP token.
Former economic adviser to Obama joined the Board of Directors Ripple
Labs
and others...
Some Capitalists who have nothing to do with the free and decontralized market!

Isn't capitalism about "free and decontralized market"?

What are you trying to do here, spread communism?
Litvin
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December 30, 2017, 12:11:05 PM
 #6824

Board of Directors ripple labs
Garlinghouse was born on February 6, 1971 in Kansas, USA. He studied at the University of Kansas in Economics, and also has an MBA from Harvard Business School.
Brad worked in some major technology and computer science companies such as Yahoo, AOL, Hightail, and he held posts on ancestry.com and Tonic Health.
The board of directors of the company Ripple included Zoe Cruz, who from 2005 to 2007 held the position of co-president in Morgan Stanley

The former director of the New York City Financial Services Authority (NYDFS) and the creator of BitLicense, Benjamin Loski, is now on the board of directors of the Ripple crypto-currency start-up. As stated in the press release of the company, he will promote the payment platform and the XRP token.
Former economic adviser to Obama joined the Board of Directors Ripple
Labs
and others...
Some Capitalists who have nothing to do with the free and decontralized market!

Isn't capitalism about "free and decontralized market"?
You have a direct interest, US services are leading this "coin"
modern Russian government is most likely illegitimate, I Russia should break up into national republics. But this is completely off topic, why translate the conversation?
Socialism and liberalcy of bitcoin, like many others, crypto currency me much closer than the aligarchic-monopoly so-called "capitalism" Ripple
Socialism and the liberalism of bitcoin is much closer than the aligarchic-monopoly so-called "capitalism" of Ripple
Litvin
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December 30, 2017, 12:26:19 PM
 #6825

Board of Directors ripple labs
Garlinghouse was born on February 6, 1971 in Kansas, USA. He studied at the University of Kansas in Economics, and also has an MBA from Harvard Business School.
Brad worked in some major technology and computer science companies such as Yahoo, AOL, Hightail, and he held posts on ancestry.com and Tonic Health.
The board of directors of the company Ripple included Zoe Cruz, who from 2005 to 2007 held the position of co-president in Morgan Stanley

The former director of the New York City Financial Services Authority (NYDFS) and the creator of BitLicense, Benjamin Loski, is now on the board of directors of the Ripple crypto-currency start-up. As stated in the press release of the company, he will promote the payment platform and the XRP token.
Former economic adviser to Obama joined the Board of Directors Ripple
Labs
and others...
Some Capitalists who have nothing to do with the free and decontralized market!

Isn't capitalism about "free and decontralized market"?

What are you trying to do here, spread communism?
And if they knew the history, Belarus suffered most during the occupation by Russia.
The largest number of wars was between the Grand Duchy of Lithuania and Muscovy about 17 from 1200 to 1795 years. We saved Europe from the Tatar-Mongol yoke. In the War of 1654-1667 years, 60 percent of the population died! In 1700-1721 about 50%!
 In the Russian Empire the Belarusian language and the name of Belarus were locked. All Uniate Belarusian churches are closed!
In the days of the communist yoke, my ancestors in two directions were sent to Siberia as their kulaks took away their homes and all property, and left the children to their relatives if they were!
Also during the First and Second World War, Belarus suffered the most by the percentage of the population. From the nuclear accident of the communist nuclear power plant is also the largest contaminated territories in Belarus.
Are not you ashamed not to know the history of my country to say nasty things?
Are not you ashamed not to know the history of my country to say nasty things?
vsyc
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December 30, 2017, 12:34:33 PM
 #6826

Good spot on me. He is from Belarussia.

And guess what! He likes Bitcoin, what a pothetic soviet shill.
Branko
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December 30, 2017, 12:36:40 PM
 #6827

I don't see what Lukašenko has with crypto, but I don't think that Mongols stopped at Belarus

vsyc
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December 30, 2017, 12:40:54 PM
 #6828

I don't see what Lukašenko has with crypto, but I don't think that Mongols stopped at Belarus




Please dont start it. Like with all post soviet countries they think they stopped WWI and II, siffered during soviet occupation, and now suffer from post soviet occupation. They are loosers, after 30 years of freedom, all what they can do is complain and steal EU money, same attitude as during USSR covered with European valued Smiley As I stated initially - looserd
Litvin
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December 30, 2017, 12:59:51 PM
 #6829

I don't see what Lukašenko has with crypto, but I don't think that Mongols stopped at Belarus



You understand the difference of the yoke and the raids are different things! Moreover, no one has passed through Belarus. Only through the south of Ukraine are the steppes of Polovtsi, Tatars and Khazars, Crimean Khanate, Astrakhan Khanate. Look carefully at the Dnieper no one! To the left of the Dnieper is clean! Prince Algerd of Vitebsk in 1300 years went to Moscow several times, but they were with the Tatars.
Battle of the Blue Waters, Battle of Sinevod - battle between September 24 and December 25, 1362 on the river Siniye Vody (the river Sinyuha, the tributary of the Southern Bug) between the troops of the Grand Duke of Lithuania Olgerd and Mongol-Tatar rulers in Podillia, near the fortress of Torgovitsa village in the Kirovograd region of Ukraine in the vicinity of Novoarkhangelsk).

Taking advantage of internal turmoil in the Golden Horde, caused by the death of the Khans of Janibek and Berdibek, the Grand Duke of Lithuania, Olgerd, launched a military campaign against the Tatar lands [1] and won a decisive victory over the three local noyons of Khan Murad. As a result of the victory, most of modern Ukraine (including sparsely populated Podillya and the Northern Black Sea coast) with Kiev, already under Lithuanian influence after the battle on the Irpin River in 1324 [2], were under the control of the Grand Duchy of Lithuania. After the capture of Kiev, the Grand Duchy of Lithuania became the immediate neighbor and rival of the Grand Duchy of Moscow [3]. Olgerd left his son Vladimir to reign in Kiev [4]. Podillya was transferred to the participating Olgerd's nephews: Alexander, Yuri, Konstantin and Fedor - the sons of Koryat [4].

The Battle of Grunwald is the decisive battle of the Great War of 1409-1411, which took place on July 15, 1410. The Union of the Kingdom of Poland and the Grand Duchy of Lithuania under the leadership of King Wladyslaw II Jagiello and Grand Duke of Lithuania Vitovt won a decisive victory over the army of the Teutonic Order. Most of the Knights of the Order were killed or taken prisoner. Despite the defeat, the crusaders were able to withstand a two-month siege of the capital and suffered only minor territorial losses as a result of the Torun peace of 1411. Territorial disputes continued until the conclusion of the Melnic Peace in 1422. Nevertheless, the Teutonic Order was never able to recover from defeat, and severe internal conflicts led to economic decline. The Battle of Grunwald led to a redistribution of the balance of power in Eastern Europe and marked the rise of the Polish-Lithuanian alliance to the level of the dominant military-political force in the region.

The Battle of Grunwald was one of the biggest battles of medieval Europe and is one of the most important victories in the history of Poland and Lithuania [6].
AI_JCR
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December 30, 2017, 02:32:20 PM
 #6830

I don't see what Lukašenko has with crypto, but I don't think that Mongols stopped at Belarus



You understand the difference of the yoke and the raids are different things! Moreover, no one has passed through Belarus. Only through the south of Ukraine are the steppes of Polovtsi, Tatars and Khazars, Crimean Khanate, Astrakhan Khanate. Look carefully at the Dnieper no one! To the left of the Dnieper is clean! Prince Algerd of Vitebsk in 1300 years went to Moscow several times, but they were with the Tatars.
Battle of the Blue Waters, Battle of Sinevod - battle between September 24 and December 25, 1362 on the river Siniye Vody (the river Sinyuha, the tributary of the Southern Bug) between the troops of the Grand Duke of Lithuania Olgerd and Mongol-Tatar rulers in Podillia, near the fortress of Torgovitsa village in the Kirovograd region of Ukraine in the vicinity of Novoarkhangelsk).

Taking advantage of internal turmoil in the Golden Horde, caused by the death of the Khans of Janibek and Berdibek, the Grand Duke of Lithuania, Olgerd, launched a military campaign against the Tatar lands [1] and won a decisive victory over the three local noyons of Khan Murad. As a result of the victory, most of modern Ukraine (including sparsely populated Podillya and the Northern Black Sea coast) with Kiev, already under Lithuanian influence after the battle on the Irpin River in 1324 [2], were under the control of the Grand Duchy of Lithuania. After the capture of Kiev, the Grand Duchy of Lithuania became the immediate neighbor and rival of the Grand Duchy of Moscow [3]. Olgerd left his son Vladimir to reign in Kiev [4]. Podillya was transferred to the participating Olgerd's nephews: Alexander, Yuri, Konstantin and Fedor - the sons of Koryat [4].

The Battle of Grunwald is the decisive battle of the Great War of 1409-1411, which took place on July 15, 1410. The Union of the Kingdom of Poland and the Grand Duchy of Lithuania under the leadership of King Wladyslaw II Jagiello and Grand Duke of Lithuania Vitovt won a decisive victory over the army of the Teutonic Order. Most of the Knights of the Order were killed or taken prisoner. Despite the defeat, the crusaders were able to withstand a two-month siege of the capital and suffered only minor territorial losses as a result of the Torun peace of 1411. Territorial disputes continued until the conclusion of the Melnic Peace in 1422. Nevertheless, the Teutonic Order was never able to recover from defeat, and severe internal conflicts led to economic decline. The Battle of Grunwald led to a redistribution of the balance of power in Eastern Europe and marked the rise of the Polish-Lithuanian alliance to the level of the dominant military-political force in the region.

The Battle of Grunwald was one of the biggest battles of medieval Europe and is one of the most important victories in the history of Poland and Lithuania [6].


..thx for the history lesson, just gone full retard 😂😂😂
trust.no.one
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December 30, 2017, 02:58:05 PM
 #6831

Board of Directors ripple labs
Garlinghouse was born on February 6, 1971 in Kansas, USA. He studied at the University of Kansas in Economics, and also has an MBA from Harvard Business School.
Brad worked in some major technology and computer science companies such as Yahoo, AOL, Hightail, and he held posts on ancestry.com and Tonic Health.
The board of directors of the company Ripple included Zoe Cruz, who from 2005 to 2007 held the position of co-president in Morgan Stanley

The former director of the New York City Financial Services Authority (NYDFS) and the creator of BitLicense, Benjamin Loski, is now on the board of directors of the Ripple crypto-currency start-up. As stated in the press release of the company, he will promote the payment platform and the XRP token.
Former economic adviser to Obama joined the Board of Directors Ripple
Labs
and others...
Some Capitalists who have nothing to do with the free and decontralized market!

Isn't capitalism about "free and decontralized market"?

What are you trying to do here, spread communism?
No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.
Hodor7777
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December 30, 2017, 03:07:57 PM
 #6832



Blog Location:  https://xrphodor.wordpress.com/2017/12/30/xrps-trajectory-for-2018/

XRP is the best buy in crypto:
What does the shape of the future hold for XRP and Ripple? I discuss the price appreciation of XRP, along with each of the six major drivers of XRP value that I expect will take center stage in 2018.

What are these six major drivers? You'll have to read to find out - let me know if you agree, or if you felt I forgot something that might be a dark horse for moving XRP price towards our $10 mark.

Thank you & Hodor!

On Twitter:  https://twitter.com/Hodor7777/status/947119418613649409


mindrust
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December 30, 2017, 03:17:22 PM
 #6833

No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

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friends1980
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December 30, 2017, 03:20:31 PM
 #6834

No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

Sadly, if you like it or not, it's only the latter ones that have survived for centuries.

nutildah-III - First BitcoinTalk NFT Transaction ever - 2021-04-01 [666 fBTC]
mindrust
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December 30, 2017, 03:25:03 PM
 #6835

No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

Sadly, if you like it or not, it's only the latter ones that have survived for centuries.

Not true. Gold is still alive. It's in hybernate mode but still alive. Main disadvantage of gold is that its hard to carry with you and it can easily get stolen and people can counterfeit it. Bitcoin solved all those.

CB's were dominant till now because there wasn't a better alternative.

Now there is.

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trust.no.one
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December 30, 2017, 03:36:15 PM
 #6836

No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.
There is nothing honest about bitcoin or decentralization per se.  That doesn't even have any meaning.  It's just emotional rhetoric.  What does it mean for an abstraction to be honest?  People can be honest.  Bitcoin cannot be honest because it doesn't talk.

Bitcoin itself is worthless.  I liken it to intellectual property, and I think it kind of spawned out of these kinds of distortions of reality.  You cannot own information and that's all bitcoin is.  It's nothing.  You are just owning information stored on other computers, worthless.  Yes you can currently legally own information in the modern world, but you don't really own it.  You just have the state enacting violence to protect your claim of ownership.  This is not the same as actual ownership.  You can do all kinds of wacky stuff under positive law systems.  It is just a state-enforced market distortion based on this fallacy, and it's causing enormous economic harm to all of us except the few patent holders and authors who struck it rich with these state run monopolies.  But who cares about definitions when the state determines reality for us?

Yes Ripple also is along the same lines.  The difference is Ripple is backed by its ability to lower costs of international transfers, so it's value is directly tied to fiat.  Bitcoin has no such claim and is really not even functional.  You can say fiat is backed by nothing, to which I would counter it is backed by the most valuable resource of all, your life, through the violence of the state and legal tender laws.  You can consider it a negative backing rather than a positive one.  Positive backing would be "take this paper and you will get gold for it later."  Negative backing is "take this paper or we will kill you."  Bitcoin has none of this and the people in the bitcoin cult don't appreciate any kind of nuanced discussion.  They are too blinded by rhetorical notions like honesty and decentralization and their delusions of vast wealth for producing nothing of any value whatsoever.

And there is one very important aspect of centralization that you are overlooking.  People have diverse abilities distributed along something of a bell curve.  You want the smarter people to be in charge of things, especially when your property is at stake.  I don't want your average Joe to have any influence over my life.  They can't even run their own lives.  I don't want them running mine.  This is why democracy is such a failure.  All the idiots become bureaucrats and go on power trips.  Everything good has come from entrepreneurs and markets, in centralized firms, not open decentralized systems.
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December 30, 2017, 03:42:52 PM
 #6837

If open systems, where you can see everything, were preferred by the market, then Linux would be dominating the computer OS market share.  It is not and it never will.  They are like 1% and Windows and MacOS are everywhere.  The market does not value the same things you value.   
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December 30, 2017, 03:48:56 PM
 #6838

No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

That's true man, sadly bankers are winning this battle but not the war yet. Lol there are freakin 60Bb xrp locked up, what will happen if they release and sell, let's say 10B ?

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December 30, 2017, 04:00:31 PM
 #6839

No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

That's true man, sadly bankers are winning this battle but not the war yet. Lol there are freakin 60Bb xrp locked up, what will happen if they release and sell, let's say 10B ?


You lived under the rock through 2017, aren't you?
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December 30, 2017, 04:06:59 PM
 #6840

No capitalism is not about decentralization.  Capitalism has a number of bad and useless definitions, useful only for its attackers who want to dominate markets themselves, but the primary essence of real capitalism is voluntary exchange with a lack of coercion.  Centralization happens everywhere, even in capitalist systems, and in the absence of state interventionism like bank bailouts, too much centralization can in fact lead to the downfall of firms which get too large and therefore too bureaucratic and inefficient.  That's what used to be called creative destruction and it was great.  Now the government just picks winners and losers.  This fear of giant monopolistic firms overrunning markets has never happened, except when the state made it happen, which is everywhere now.

Decentralized systems are honest. Everybody can see everything, can check anything and see if something is going wrong or not. Most importantly it runs itself. That's bitcoin.

Centralized systems are closed to the external eyes. You don't know what's inside and they can easily be turned into a scam. Without the central authority, there is nothing. That's ripple. Basically a cental bank.

That's true man, sadly bankers are winning this battle but not the war yet. Lol there are freakin 60Bb xrp locked up, what will happen if they release and sell, let's say 10B ?

It is so easy to just blame banks and pretend like everything is their fault.  Bankers are just acting in their own self-interest, just like all of us.  They play by the rules of the game.  Yes maybe they break the laws, and they get slap on the wrist fines.  Those are the real rules of the game.  The laws are not.

Why don't you blame the state for encouraging bad bank behavior, for bailing them out, and giving them special privileges?  Is it because it goes against your Marxist programming to worship government and blame everything on corporations?

Banking is one of the most regulated sectors of the economy.  Why is it so fraudulent then?  Is it because regulation is a fraud that destroys real capitalism by distorting free markets?

Why didn't people vote out all of congress after bailing out the banks?  They're the real culprits here. 

Or go even further, why don't you blame a population that enables the state?   You get a society exactly as good as your culture deserves.

You can shunt all responsibility onto a small group of people who are more successful than you, but that will never get you anywhere. 
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