Another Fed Jumps Over The Bitcoin Fence

[SueGiant]

Former US State Department Official on Advisory Board of Bitcoin Firm Ripple Labs

http://www.newsbtc.com/2015/03/19/former-us-state-department-official-on-advisory-board-of-bitcoin-firm-ripple-labs/

If I am not mistaken, this will be the second time a fed has joined ripple labs.

Why is this Bitcoin firm always choosing guys from the government to work for them.

What does that mean?

[pawel7777]

Why is this Bitcoin firm always choosing guys from the government to work for them.

Ripple Labs is not a Bitcoin firm.

They choose such people for the prestige and connections. But I don't think all those 'celebrity hires' will do them any good in the long term.

[franky1]

Why is this Bitcoin firm always choosing guys from the government to work for them.

Riple Labs is not a Bitcoin firm.

They choose such people for the prestige and connections. But I don't think all those 'celebrity hires' will do them any good in the long term.

Ripple is the shitiest of shitcoins, it is centralized and distributed at will by the company, it is the closest it can get to an online fiat, I would stay away.

Ripple is not a coin. in essence its a stamp.. just like postal stamps used as the transaction fee to move coins .. the stupid part is people are trading stamps like they trade coins.. but as we both just said they should not be treated like coins because of the centralised SQL backbone and their true purpose is nothing related to blockchains

[mercistheman]

Just showing their true colors... avoid like the plague

[BCB]

State Department folks are policy wonks. 

Ripple is probably paying a hefty price for her services.

http://en.wikipedia.org/wiki/Anja_Manuel

Anja Manuel is a former U.S. State Department official. She is Co-Founder and Partner along with former Secretary of State Condoleezza Rice, former National Security Advisor Stephen Hadley and former Secretary of Defense Robert Gates, in RiceHadleyGates LLC, a strategic consulting firm.[1] The firm assists CEOs and senior executives at major companies — many of them headquartered in California — to export, expand their businesses, and meet regulatory challenges in key emerging markets such as China, India and the Middle East.

[franky1]

State Department folks are policy wonks.  

Ripple is probably paying a hefty price for her services.

http://en.wikipedia.org/wiki/Anja_Manuel

Anja Manuel is a former U.S. State Department official. She is Co-Founder and Partner along with former Secretary of State Condoleezza Rice, former National Security Advisor Stephen Hadley and former Secretary of Defense Robert Gates, in RiceHadleyGates LLC, a strategic consulting firm.[1] The firm assists CEOs and senior executives at major companies — many of them headquartered in California — to export, expand their businesses, and meet regulatory challenges in key emerging markets such as China, India and the Middle East.

much cheaper to pay a state official a couple hundred thousand a year salary, to then convince all of his friends,
rather then ripple directly going to all the friends individually and trying to gain business relationships independently.. costing alot more time to gain trust with the officials and much more (millions) in separate payments

[jubalix]

the question to ask ripple is how do you get on the UNL list......

[krigger]

You scared me with this post. Thank god it's not Bitcoin again.

[calme]

Get a large insurance policy and rent them a new and improved headquarters on a fault line at a discounted rate.