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/biz/ - Business & Finance

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5626246 No.5626246 [Reply] [Original]

Now that Ripple has officially ruined any chance at peer to peer currency becoming mainstream, what do we do now?

Blockstream Crippled crypto's flagship coin to force demand for anything to alleviate congestion and the forked Segwit onto the mainchain to prevent deviation from the plan. Completely confused the issue beyond repair, people think bitcoin can't scale and some kind of payment network running on top of it is required. Meanwhile Ripple already handles settlements similar to how a Lightning Network bitcoin would work via trusted 3rd parties.

How did this happen /biz/, how the fuck did this happen?

>> No.5626314

let ripple kill bcore off then cash can replace both of them in February

>> No.5626408

>>5626246
>How did this happen /biz/, how the fuck did this happen?
Communism.

It was a great idea but with no straight forward leader, saying hey the idea is good but it can't happen in real life. So banks came into the game and said: we can give you liquidity without a need of a black market (drugs) or high volatility (ponzi scheme).

And voila. Ripple integrates the beauty of fiat and crypto.

>> No.5626480

isn't blockstream owned by banks?

this was planned all along, force the fees up on btc and pump their own feeless coin

>> No.5626481

The only projects that matter are Ethereum, Neo, and Cardano. All the other projects are doomed to failure because they are outdated products with inferior offerings.

>> No.5626799

>>5626481
I don't see how Neo and Cardano top XLM or ICX?????