/biz/ - Business & Finance

if you like ripple you can also like fiat and paypal
only clowns support this bullshit

>>12313873
>comparing xrp to paypal

>>12313861
>Tired of the BTC maximalists who scream "it's not a crypto!
Is this bait?
from google
cryptocurrency
/ˈkrJptəʊˌkʌr(ə)nsi/Submit
noun
a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
"decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation"

Fuck off with your premined shite, ripple still holds 60% of supply to drop on bag hodlers!

>>12313893
>a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
"decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation"
explain how this doesn't apply to xrp

>>12313861

BTClowns on suicide watch

>>12313893
Thanks for proving my point about historical revisionism. David Chaum came up with encrypted digital cash in the 80s, Satoshi didn't invent shit other than make it decentralized. If you don't like Ripple for its massive premine, fine. But it's not a conspiracy to destroy Bitcoin nor is it not a real crypto.

>>12313861
op you are a retard

you trade IOUS on the ripple network.
it's just fiat 2.0

also this >>12313893
>>12313908


xrp can be frozen
xrp can be tracked and traces
xrp can be confiscated
you need 25 xrp to even hold it in your own wallet ( wtf ) ?

>>12313861
>Also how can it be a Jew Plot to kill Bitcoin when it is older, are Jews time travelers now?
Again is this bait?
https://ripple.com/files/ripple_consensus_whitepaper.pdf

https://prestonbyrne.com/2018/09/20/for-the-last-time-ripple-created-xrp/

Pic very related

>>12313908
>digital currency in which encryption techniques are used to regulate the generation of units of currency
Cause you completely skip the first part!
>digital currency in which encryption techniques are used to regulate the generation of units of currency
AKA not a premine

>>12313927
XRP is blockchain Not crypto, its not my fault you are confused!

>>12313936
Ripplepay.com was created by Ryan Fugge in 2005. Again more Satoshi faggots revising history. Yes it has gone some changes over the years and took inspiration from Bitcoin to revise the protocol but the original idea for Ripple is older than Bitcoin.

>>12313936
More evidence
http://blog.hasslberger.com/2006/03/ripple_pay_open_source_cashles.html
From 2006! 2 years before Satoshi!
>Paying without cash and without going through a bank may seem an impossible proposition. Not so, says Ryan Fugger, the architect of Ripple, an open source bank-independent peer-to-peer payment system that is now in Beta release, meaning it's open to play with and test.

>>12313978
I see so they were around before BTC...That is your only argument! ripplepay was not crypto it was not blockchain! BUT ripple still got the idea for XRP from BTC as per the paper in >>12313936
The first reference is Satoshi....

>>12313998
>From 2006! 2 years before Satoshi!
They were tryin ideas...they found out about BTC changed the idea...BTC predates XRP!

>>12313932
>xrp can be frozen
false
https://twitter.com/rogerkver/status/1024338496985554944
https://developers.ripple.com/freezes.html

>xrp can be tracked and traces
that only aplies to ious in the xrp ledger, read above
>xrp can be confiscated
false, you just made that up
>you need 25 xrp to even hold it in your own wallet ( wtf ) ?
that has nothing to do with anything
>>12313949
>encryption techniques are used to regulate the generation of units of currency
this also aplies to xrp, no more xrp can ever be created

>>12314020
We can mince words all day on what is and isn't a crypto, but at its heart its peer-to-peer currency using digital encryption schemes. There is no conspiracy here, I can guarantee Satoshi was even aware of Ripple pay when he came up with Bitcoin. The point being the creator had a business plan for P2P currency years before Bitcoin so why do they have to constantly put up accusations they came to destroy Bitcoin?

>>12314040
But its not the whole defintion ffs!
You are confusing blockchain with crypto!

>>12313998
>From 2006! 2 years before Satoshi!
OMG
https://developer.mastercard.com/product/mastercard-blockchain
Mastercard has been around since 16 December 1966. Are you going to say they invented Crypto now?
that is literally your argument!

>>12314082
it is, xrp is a crypto currency

>>12314082
Take the root word, Crypto, crypto as in cryptography. Now take the word, Currency. Did encrypted blind signature digital money exist in the 80s in the form of digicash by David Chaum? YES. Bitcoin and Satoshi is the pinnacle work of 30 years of cyberpunks before him. Satoshi owes just as much to Ripple and Digicash as XRP now owes to Bitcoin. None of this shit is created in a vacuum, everything borrows and improves on each other.

>>12313861
Ripple is a Jew scam targeting normans and boomers. Keep waiting for the banks to pump your bags lmao

>>12314060
XRP is not P2P, it requires a trusted validator.

>>12314098
>>12314106
Last reply but i am done with delusional XRPfags!

>>12314098
You are confusing what a legal definition says with what you think! I have provided the legal as agreed in court deffiniton in '15.
I won't argue with your opinion!

>>12314106
The XRP white paper specially references Satoshi! you have ideas but little facts!
You are just spouting more delusion from your insane community...
FYI first found out about crypto in '11 so go ahead & tell me BS but I did not hear about XRP until years later!
Sorry your too new

Last reply, Have a good night!

>>12313978

>>12314205
you provided a definition but failed to point out how it doesn't apply to xrp, by that definition xrp is a cryptocurrency, you proved yourself wrong
>last reply
you got btfo

>>12314159


>keep waiting for banks to pump

>keeps waiting for wallstreet to pump btc bags

>>12314205
Kek, an oxford dictionary definition isn't a legal opinion of what something is.
Also that is the XRP white paper, here is the 2005 ripple pay white paper. Again, Ripple the vision and Fugge's idea of a DECENTRALIZED currency network is older than Btc, they don't owe you an explanation or anything for why they exist or why they do their business the way they do. This is like Spotify fags claiming Napster was created to destroy them.

http://blog.hasslberger.com/docs/decentralizedcurrency.pdf

>
It makes sense to store a system for decentralizing payment intermediaries in a decentralized fashion, among as many servers as wish to participate in the system. Thus the need for a protocol for servers to communicate. A single server could store any number of accounts – possibly only one.

>>12314257
>implying I hold BTC and not ERC20 and OMNI meme tokens
My only BTC is for moving OMNIs.

>>12314342

>>12313861
Older and hasn't accomplished anything until last year. Was flatline in price for years. This isnt something to be proud of.

>>12314257
They already pumped ripple and btc
Its over your fucking idiots if you didn’t sell $3 xrp and 20k BTC you lost games over