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Author Topic: BitPay laid off nine employees yesterday.  (Read 2832 times)
cbeast
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Let's talk governance, lipstick, and pigs.


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January 12, 2015, 04:53:49 AM
 #21

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Ripple doesn't solve any problems. It's just another middleman charging more fees from your bank account. They don't have a store of value. They don't protect privacy. They can't be sent for free speech. Ripple doesn't do anything you can't do with fiat money. ApplePay will bury Ripple.


ApplyPay may do well this year, but it's largely a way of putting a bunch of your credit cards on your phone...doesn't seem all that exciting.  Any plans to use it for remittance?  Seems that's one of Ripple's potential edges.  It ain't easy for regular people to move money around the world cheap.  Bitcoin projects have tried to address it but not much so far.


I've seen more Stellar than Ripple.












Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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January 12, 2015, 10:37:30 AM
 #22


We need to see BitPay's financial statements to get more info.
bigtimespaghetti
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January 12, 2015, 11:24:44 AM
 #23


The cynic in me hopes that is actually their business model, meaning that once they run out of VC funds they get to blow up in true Bitcoin Enterprise fashion.

Ad thus balance is restored!




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inca
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January 12, 2015, 11:31:48 AM
 #24

Has this source been corroborated or is it just a dodge website?

This is not a ripple forum.
cisahasa
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January 13, 2015, 10:47:01 PM
 #25

Has this source been corroborated or is it just a dodge website?

This is not a ripple forum.
no, but people should be informed scams like ripple or peercoin

Melbustus
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January 13, 2015, 10:53:15 PM
 #26

Startups have to lay people off sometimes.

Anyone remember tech in 2001?

Here's Amazon laying off 1300 people in early 2001: http://www.wsj.com/articles/SB980992420989222933

Fingers crossed that online-retailing survives!

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Eamorr
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January 13, 2015, 11:03:13 PM
 #27

Has this source been corroborated or is it just a dodge website?

This is not a ripple forum.
no, but people should be informed scams like ripple or peercoin

Ripple is a scam?

Ripple Labs have been very active for many months now and have written millions of lines of high quality code (https://github.com/ripple). They also have quite a few high profile investors (e.g. Google Ventures) on board (see: https://www.ripplelabs.com/investors/)

Whatever about taking on Bitcoin; creating the lingua Franca for currency is a huge undertaking.

Calling this demonstrable effort a "scam" just shows how little you know. For people like you, Bitcoin is a religion.
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