Seven Banks go live on Ripple's distributed ledger -- a first for fiat.

[Piston Honda]

ripple is dead and will stay dead this banking shit means nothing for the PRICE of ripple, nor does any MS connection.  maybe it will help re. the development of what the coin will offer but otherwise it's value is still shit.

re. banks just wait till u see what wbb and 1ex.trade can do

[Spoetnik]

..

This is literally illogical. Correction, alogical. What do ETH and IBM on the Polo trollbox have to do with Ripple?

Really ? Seriously ? I *DID* make an effort to post WHY i brought it up.
I guess in too subtle of a manner.. try working on Reading Comprehension kid.

[Minecache]

..

This is literally illogical. Correction, alogical. What do ETH and IBM on the Polo trollbox have to do with Ripple?

Really ? Seriously ? I *DID* make an effort to post WHY i brought it up.
I guess in too subtle of a manner.. try working on Reading Comprehension kid.

Work on your capitalisation you Speotniktard BTC shill goon.

[cmbartley]

..

This is literally illogical. Correction, alogical. What do ETH and IBM on the Polo trollbox have to do with Ripple?

Really ? Seriously ? I *DID* make an effort to post WHY i brought it up.
I guess in too subtle of a manner.. try working on Reading Comprehension kid.

Yes, a lot of loose connections and inferences. Such are the workings of a conspiratorial mind, many loose treads bound together into a psychotic tapestry of paranoia and fear.

[Ice Man]

Banks and crypto is like oil and water. We should not be trying to mix the two.

[Bit_Happy]

You don't hear much about ripple any more. I guess they've been busy working away in the background. wasn't that Stellar stuff supposed to completely replace it?

Did the "old Ripple" rip us off. ?
I had one of the original (online) wallets/accounts when they first started. ... //Ignored it for a long time ... // Last I checked there was no option to login to legacy accounts.
Does anyone know what happened during the transition to "the new Ripple"
// Did they 'rip-off' everyone who was not tuned in?

````
"Contact Support" is not the point, since I am not sure which of ~3 emails I used, the vital info is saved in my browser related history.
Summary: I need a link to "the old ripple" (did they move it to a sub-domain?), so there is a chance it would work with long-term browser "saved passwords".

Did Ripple turn into a huge ""rip-off" for early accounts, or does anyone know how to login using "legacy" passwords?

[Snaic]

I have long read that Ripple was released in order to replace the old SWIFT method used in the banking sphere. A new technology based on
  blockchein makes it possible in seconds to move non-cash money to anywhere in the world. Now this idea is embodied in reality. This is a good mix of the old banking system and the latest technologies that provides people with crypto currency.

[Bit_Happy]

I have long read that Ripple was released in order to replace the old SWIFT method used in the banking sphere. A new technology based on
  blockchein makes it possible in seconds to move non-cash money to anywhere in the world. Now this idea is embodied in reality. This is a good mix of the old banking system and the latest technologies that provides people with crypto currency.

Actually, the original Ripple was launched as a "share trust/risk" among your pool of friends(!)



It was hard to understand but tons of people jumped at their giveaway.

[mysacrifice]

this is very unusual and unexpected actually. as you said it is first time for a fiat. that means ripple got their attention really much.

[Argoo]

The Rlpple coin is an illustrative example of the fact that the world's largest banks have stopped resisting the introduction of crypto currency and are using the advanced technology of blockchein in their day to improve the functioning of the banking system. Although the crypto currency will take a significant part of their clients from banks, and therefore profits, banks have nothing left to do but to reconcile themselves with this and look for opportunities for compromises and cooperation with digital money.

[gjtnwls1]

i never liked ripple. it's a centralized protocol with a simple token called xrp. i don't care if some banks use their protocol, because those banks don't use xrp and they don't have any idea about what xrp is for.

i feel like the ripple company pumped up the price to increase the valuation of their company. they needed to increase the valuation to suck more money from their private investors, and i'm sure that strategy worked.

eventually, xrp price came to a level that they won't be able to pump it up anymore.

[feelideb]

Ripple is so centralized and I really do not like the fact that you can not verify codes nor contribute to it's development. If this news is true, then I will say congratulations to ripple. I will rather prefer bitcoin or ethereum is in this position rather than ripple.

[chocopapaya]

On the practical side, the token itself will most likely not gain any more significant value.  It has no real use anyways.

On the theoretical side, well, I'm a little torn.
Of course, companies can use blockchain technology and apply it how they would like.
But just something about it being used as a centralized system for banking really rubs me the wrong way.
It kind of reminded me of the novel, Animal Farm.

When trying to change the system the "revolutionaries" end up becoming exactly like the ones they were trying to replace.

Satoshi, where are you? Would you be turning over in your grave if you found out your technology was being used by the people we are supposed to be free from?

[senin]

Practical use by banks in their system of crypto currency and its advanced technology of blocking is a very positive moment for the distribution of crypto currency, because it was the banks who were at first the ardent opponents of its introduction into our life. At the same time, this shows that banks will not so actively oppose the introduction of the crypto currency and will look for ways of possible compromises in order to extract their profits from new technologies.

[iluvbtc]

"Ripple, the interbank payment solution using distributed ledgers, has announced the names of seven banks on its network, the first in the world to move real money across borders using any kind of blockchain-based technology."

http://www.ibtimes.co.uk/seven-banks-kick-off-ripples-blockchain-network-including-santander-ubs-unicredit-90-more-1566894

Eh? I can move 'real' money across borders on a 'blockchain-based-technology' without the need for a bank or ripple.

lol... yup... exactly Ripple will die with the banks, coming soon to a theater near you

[iluvbtc]

ripple is dead and will stay dead this banking shit means nothing for the PRICE of ripple, nor does any MS connection.  maybe it will help re. the development of what the coin will offer but otherwise it's value is still shit.

re. banks just wait till u see what wbb and 1ex.trade can do

Exactly, any bank coin is dead upon arrival. F the central banks, theyve been controlling people for too long!!!!  Power to the people!!