Quote:
Originally Posted by dyna mo
josh, i hear ya, thing is, if this is the cryptocurrency that does take off, that parabola is on a long timeline eh.
also, checkout this brand new beta open source p2p payment gateway that supports btc and their goal is to be the best way to buy and sell/exchange btc,
Simple, global, open, and practically free. ripple is an open source person to person payment network
https://ripple.com/bitcoiners/
it's a paypal for cryptocurrencies. this sort of infrastructure will go a long way to helping this maintain momentum imo. |
I've really been trying to wrap my mind around Ripple. From what I understand its not just for cryptocurrencies but for all currencies. Its all based on trust. Bob wants to buy from me but I dont know Bob, but you know BoB and trust Bob and I know you and trust you, therefore I trust Bob and I can sell to bob. (or something?)