@federalreserve Not only are the engineers and minds behind the Ripple and XRP project beyond amazing but the people...well the people are some of the best in the world in their craft. You already know the answer guys and girls. Push the green button and revamp the entire world.
@chengevelyn What happens when BITCOIN is no longer the primary converter coin which is essentially what the ripple solution will do. Nobody wants to pay exorbitant Bitcoin fees, especially peer-peer investors. ut-oooohhhh
@chengevelyn@ErikVoorhees "It's not interesting from a financial innovation perspective" So working with banks and or markets that remit trillions per year isn't interesting? Tell that to @WarrenBuffett so I can see his chuckle :)
@chengevelyn@ErikVoorhees you do realize that Ripple actually sells a product? Heck, they sell two products that also create profits and employ many people thus providing an ACUTAL ASSEST/income/Balance sheet & at the end of the day. So Bubble? No, that would be called an actual company
@chengevelyn Last but not least @ErikVoorhees is clearly just pumping Bitcoin and if he read the facts published on Ripple's own website, he would understand the Roadmap. I invite Erik to explain to the masses what utility Bitcoin actually serves. Talk about BUBBLE LOL
@chengevelyn This multi-phase approach does that, but is intentionally conservative and has been devised with a single goal in mind: to ensure the reliability and stability of the network during the transition period to a fully decentralized and distributed architecture.
@chengevelyn Additionally I will post the text here that cites Ripple's intention to conservatively, if you will, Divest itself of Operational Control.
@chengevelyn Hi @chengevelyn After reviewing your article you seemed to have not done your homework entirely. I would highly recommend reading this article published on @Ripple website which breaks down their "Decentralization Strategy"
https://t.co/zJwNtqst2D