Vinnie

What are your views on XRP?

341 posts in this topic

Posted (edited)

36 minutes ago, ElMoskito said:

I have a great idea! :D

Arthur Brito or Chris Larson could make a donation of 2B XRP to a charity organization.

Charity organization for early adopters who lost money with an overpriced XRP.

2B XRP would be redistributed proportionally between early adopters.

We could take ledger #26000000 for reference.

So Chris and Arthur are supposed to take the blame when it's Jed who acted like an unprofessional a*shole?

Edited by D-fault123

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btw its "Chris Larsen" not "Chris Larson".
We were not talking about Jed 2014 announcement, but about transparency and I see nothing wrong discussing the important amounts they all allocated themselves.

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Posted (edited)

6 minutes ago, namini said:

btw its "Chris Larsen" not "Chris Larson".
We were not talking about Jed 2014 announcement, but about transparency and I see nothing wrong discussing the important amounts they all allocated themselves.

And "Arthur Britto". I took @ElMoskito's post as an accusation towards the two founders, aside from Jed, for XRP's bad performance over the years. Which I feel is a fairly unjust statement. I do agree that the founders share is an important topic.

Edited by D-fault123

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40 minutes ago, D-fault123 said:

And "Arthur Britto". I took @ElMoskito's post as an accusation towards the two founders, aside from Jed, for XRP's bad performance over the years. Which I feel is a fairly unjust statement. I do agree that the founders share is an important topic.

We know we have no control on Jed funds... and he will never donate.

Only Arthur and Chris can make a donation for a charity ;)

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Hi D-Fault123,

Constructive remarks, is another way of simply framing the discussion. As for, Jed being Ass'ole, you have side stepped your own advice.

As I developer, I can imagine that the 'original OpenCoin/Ripple' source code and therefore intellectual property would be solely Jed's. But he needed worker bees to manage other business functions. So overtime when the worker bees, started to diverge from the developer's view of the world, Computing for Good, and focusing on the un-banked, I can imagine their interests were no longer aligned. 

It would make sense, for Jed to learn from this experience, and move on.

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Posted (edited)

10 minutes ago, ElMoskito said:

We know we have no control on Jed funds... and he will never donate.

Only Arthur and Chris can make a donation for a charity ;)

Jed already voluntarily gave 2B of his remaining XRP to charity after their settlement with ripple last year

Edited by D-fault123

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1 minute ago, Max Entropy said:

Hey D-Fault123... You weren't supposed to ,like' my comment.

Please stop, blunting my attacks!

:-)

What can I do when I see a good post, damn it

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But I must add, @Max Entropy, I didn't call Jed an a-hole. But he did act like an unprofessional a-hole, since he had been promoting ripple and xrp just one year before announcing the dump. I stand by that. But enough offtopic and Jed from me, as the guy IMO belongs to past in terms of ripple and XRP.

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11 hours ago, Vinnie said:

no, No, NO! I would be so pissed if someone did this, and I would imagine there are plenty of other people would would not want this either. As much as I dislike Jed's actions, blocking people in this fashion is completely immoral and violates the spirit of the network. It undermines trust in the ledger and constitutes abuse. Practically speaking it would destroy most if not all of the value of the currency. People would flee in droves, knowing that their balances could become worthless on a whim.

Vinnie, there are lots of interesting posts people have made which you could reply to or share an opinion on. 

H

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14 minutes ago, Haraldo said:

Vinnie, there are lots of interesting posts people have made which you could reply to or share an opinion on. 

H

Yeah. Did you find what you were looking for within these 300 posts?

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Hi D-Fault123, I have been in that situation... it is difficult to let go of a company that one creates... So promoting XRP a year or even four (4) months prior to leaving, is for me understandable. At some point, control and direction of the company become the dominant factors, and moving on is the only path.

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6 hours ago, Max Entropy said:

As I developer, I can imagine that the 'original OpenCoin/Ripple' source code and therefore intellectual property would be solely Jed's. But he needed worker bees to manage other business functions. So overtime when the worker bees, started to diverge from the developer's view of the world, Computing for Good, and focusing on the un-banked, I can imagine their interests were no longer aligned. 

It would make sense, for Jed to learn from this experience, and move on.

Nope. Jed had an idea and sought out @JoelKatz to investigate if a distributed agreement protocol could solve the double spend problem without a central authority. I always thought that @JoelKatz developed the Ripple Protocol Consensus Algorithm single-handedly until the lawsuit happened and it was revealed that Arthur owns the protocol. Legend has it that there is only one man who might be even more brilliant than JoelKatz. And that mysterious man's name is Arthur. There are no images of him online. He's just this guy... You know?

:P

 

 

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21 hours ago, Haydentiff said:

No, it's actually pretty insignificant and most people, even Bitcoiners, look at me like I have 2 heads when I tell them I can't open a bank account. I can see the wheels turning as people quickly start wondering what kind of weird things I must be into, haha. I had a difficult time when I ran for Congress because donations must be deposited into a bank account. When I tried to get help with that, I was told to register for some kind of number (I can't remember the name right this minute) and to use that number to open a bank account. Well, one the first steps in registering for that number ( a step that can't be skipped) is listing your current bank account information. There are many walls like this that others don't see that hold poor people and "undesirables" back. But there isn't very much interest in discussing it. IME, people are very apathetic to the struggle of others. Identity based access won't be an issue until "worthwhile" people start getting locked out too...

I haven't hit rock bottom just yet.

Ok, I only watched the first 5 minutes before I had to turn it off out of irritation. I disagreed with everything she said. I do not believe that the only reason Bitcoin has value is because people are betting on what it will become. I believe it has value because of what it already is. She thinks it's a misnomer to call it a currency because currency is defined (by her) as a medium of exchange. Well, that's exactly what I (and many, many others) use it for. AND Bitcoin has the 5 properties of currency: it's scarce, fungible, divisible, durable, and transferable.

I also don't believe that Bitcoin has "the aspiration of becoming paypal." Sure, there are probably some people hoping for that. There are definitely more than a few people obsessed over the amount of transactions per second. Personally, it's more important to me that everyone who needs/wants to access it can, rather than "the masses" using it for every day transactions without even realizing it. Which brings me to another complaint of hers that irked me. Having to show somebody a 12 minute video before they understand what Bitcoin is. Well, try and explain our current monetary system to somebody. It takes a hell of a lot longer than 12 minutes. Most people don't understand it and they have no desire to learn. To each their own, but ignorance can be dangerous. If people don't want to be bothered learning about Bitcoin, so be it. Creating apps that make payment transactions so easy that people don't even know they are using Bitcoin kind of defeats the purpose, IMO. Bitcoin is the opposite of blind faith.

I'm speaking for myself and probably hold an unpopular opinion, but I don't care if major retailers ever accept Bitcoin. I do care about how vulnerable people become when governments impose strict capital controls, or eliminate high banknotes causing the demand for a currency to drop lower than the supply, or depreciate a currency, or govern with economic incompetence that creates 500% inflation.

Hi Hayden,

You are fussing... I don't mean to be 'disrespectful', but it is because you hold different view points, and because you have a particular insight to 'circumstances' that I would consider your, say, weekly thoughts/YouTube videos, to be important.

It is precisely, because you have two (2) heads and it would take longer than twelve (12) minutes... that would add value to, say, YouTube channel. My sense, is that you have 'something to say' which is why you are at XRPChat. A more formal, regular and focused forum such as, a regular video series, would add value to you, and to those that would require 12+ seminar series.

--

 

I would not under-estimate Stellar and Jed's approach to technology adoption. He is working with the 'little guys' who, if then can handle the technology, and regulatory side, will push faster than any bank will ever. The money exchangers in say, Singapore or India are the ones who know how to move against the entrenched financial establishment. 

I remain, not impressed with Ripple's approach of doing 'back channel' business arrangements to secure their technology. For each channel, that Ripple establishes there will be 'side deals' amongst the participants, and I expect that this is where it will get messy.

If Stellar can connect, in a peer to peer method with the Bitcoin network, then I would go long on Stellar. I do not see, significant adoption of Stellar gateways, yet.

Edited by Max Entropy

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1 hour ago, Max Entropy said:

It is precisely, because you have two (2) heads and it would take longer than twelve (12) minutes... that would add value to, say, YouTube channel. My sense, is that you have 'something to say' which is why you are at XRPChat. A more formal, regular and focused forum such as, a regular video series, would add value to you, and to those that would require 12+ seminar series.

I don't like to listen to myself talk. I get on my own nerves. I'd rather come here and bug you guys. :D

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