Wow! The Bitcoin Bridge - The future is so bright.

[MJGrae]

So.. is Ripple digital Fiat? What to they get from exchanching all the currencies?

No, Ripple isn't actually intended to be a currency unto itself. XRP is designed to work as payment for a transaction on the Ripple network.

Yeah, I heard the postage stamp to prevent spam speech.

The post office doesn't make stamps difficult to obtain, nor is there any value in the postmaster keeping half the stamps to himself.

Critical thinking, people. Use it.

Uhhhhhhh, what are you talking about? The postmaster DOES keep all the stamps to himself. That is until the time comes to sell them for an acceptable price in order to compensate both himself and his workers for the work that they do in order to deliver your damn mail.

I think you need to give your own critical thinking another shot.

[QuantPlus]

Isn't Ripple a centralized exchange that can get blocked by the US government, just like Mt. Gox?

You have to view Ripple as 3 levels:

(1)  A fast global payment network (10 second ledger blocks).

- it will be decentralized once Critical Mass is enough to open source

(2)  Built-in exchanges for ALL currencies and Custom Currencies...
Now linked directly to Bitcoin network.

- plus anyone can create custom securities = killer app
- plus anyone can run an exchange = killer app

(3)  XRP = internal currency = brilliant idea to make #2 work

It's not about XRP, it's about #1 and #2 = Good For Bitcoin

[QuantPlus]

So.. is Ripple digital Fiat? What to they get from exchanching all the currencies?

No, Ripple isn't actually intended to be a currency unto itself. XRP is designed to work as payment for a transaction on the Ripple network.

Yeah, I heard the postage stamp to prevent spam speech.

The whole "postage stamp" metaphor was flawed and outdated...
It was meant to explain something very complicated to idiots.

You are obviously months behind on the news... so, tell us what's new in Jan 2013?

[AliceWonder]

So.. is Ripple digital Fiat? What to they get from exchanching all the currencies?

No, Ripple isn't actually intended to be a currency unto itself. XRP is designed to work as payment for a transaction on the Ripple network.

Yeah, I heard the postage stamp to prevent spam speech.

The whole "postage stamp" metaphor was flawed and outdated...
It was meant to explain something very complicated to idiots.

You are obviously months behind on the news... so, tell us what's new in Jan 2013?

Bring me up speed.
Go ahead, give it your best shot.

XRP as an anti-spam measure is what is an obviously flawed and outdated concept.

The real purpose of XRP is clear - give power over network use to those who have them, and those who have them are those they gave them to.

Don't be an idiot bitch who gets on your knees before them and bows down. Have some pride.