Page 2 of 6 FirstFirst 1234 ... LastLast
Results 11 to 20 of 60

Thread: Ripple coin

  1. #11
    Bitcoin Miner Ares's Avatar
    Join Date
    Apr 2010
    Posts
    11,338
    Thanks
    5,862
    Thanked 8,109 Times in 3,990 Posts

    Re: Ripple coin

    Quote Originally Posted by golddust View Post
    Ripple was never crypto but a coin you can invest in without mining that would circumvent the banking route to exchange money.
    Bitcoin is less atttactive.
    It's pretty clear you do not understand Ripple then. Ripple is a bankers coin, it's trying to branch itself into the space of inter-bank lending (Bank A lends money to bank B using the Ripple network instead of SWIFT), which is NEVER, let me tell you again so you'll understand NEVER going to happen due to financial treaties in place for SWIFT.

    Ripple is a scam coin at best, a very poor investment at worst. There are other cryptos that do Bitcoin better than Bitcoin (Litecoin for example), but Ripple is absolute garbage. Stay away from premined centralized coins.
    Last edited by Ares; 17th April 2018 at 12:06 PM.
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

  2. The Following 2 Users Say Thank You to Ares For This Useful Post:

    Bigjon (17th April 2018),StreetsOfGold (19th April 2018)

  3. #12
    .999 Unobtanium Horn's Avatar
    Join Date
    Apr 2010
    Location
    Out
    Posts
    25,233
    Thanks
    1,504
    Thanked 2,771 Times in 2,280 Posts

    Re: Ripple coin

    Bitcoin is based on blockchain technology, while Ripple doesn't use blockchain but uses a distributed consensus ledger using a network of validating servers and crypto tokens called XRP (sometimes referred to as Ripples).
    XRP tokens
    XRP which is the actual cryptocurrency is a token which is used on the Ripple network to facilitate transfers of money between different currencies. Existing settlement systems generally use US dollars as a common currency for converting between other currencies. This incurs currency exchange fees and takes time which is why bank transfers between accounts in different countries often take up to three days to process.
    So its the XRP token that is infinite in its exchange and application to all currency, Bitcoin included?

    It will infinitely divide/deflate a multiple of decimal points as it grows and everything else shrinks to it.

    exchange will ultimately vary, well to Ripples benefit no doubt.

  4. #13
    Great Value Carrots Bigjon's Avatar
    Join Date
    Apr 2010
    Location
    Minnesota
    Posts
    4,820
    Thanks
    2,431
    Thanked 1,607 Times in 948 Posts

    Re: Ripple coin

    Quote Originally Posted by golddust View Post
    Its always been someone else's money.
    Even before the frns, it was the federal government's money.
    They print it and stamp it with their seal.
    US gold and silver coined money is not yours.
    So how could you have eliminated debt with gold or silver if it's not your coins?
    Totally wrong again. FRN's are a private scrip currency borrowed into existence. Which suckers (US Citizens) borrow from that private system.
    You have to redeem lawful money to get the gov US Note version of FRN which is issued by the US Treasury.

  5. The Following User Says Thank You to Bigjon For This Useful Post:

    Ares (17th April 2018)

  6. #14
    Platinum
    Join Date
    Oct 2017
    Posts
    1,289
    Thanks
    169
    Thanked 609 Times in 406 Posts

    Re: Ripple coin

    Quote Originally Posted by golddust View Post
    how could you have eliminated debt with gold or silver if it's not your coins?
    It is not the debt that was eliminated BY SPECIE. It is the contract that was extinguished.

    Debt doesn't exist.

    Follow along:

    1. Nothing is defined as the absence of anything
    2. Less than nothing is the greater subtracted from the lesser.
    3. The Subset of items enumerated as less than nothing has a population of ZERO.

    How do you have less than nothing when nothing is the absence of anything?

    There is no debt. Show me a handful of coins in one hand and debt in the other. The other hand will by all appearances be EMPTY.

    Q.E.D.

    But there is CONTRACT.

  7. #15
    BANNED (Permanent)
    Join Date
    Apr 2018
    Posts
    62
    Thanks
    0
    Thanked 2 Times in 2 Posts

    Re: Ripple coin

    Quote Originally Posted by Bigjon View Post
    Totally wrong again. FRN's are a private scrip currency borrowed into existence. Which suckers (US Citizens) borrow from that private system.
    You have to redeem lawful money to get the gov US Note version of FRN which is issued by the US Treasury.
    Lol...but you cant redeem lawful money. Its been settled already about lawful money. The courts say frn's are lawful money, therefore you get more frn's when you redeem. Or think you redeem.

  8. #16
    BANNED (Permanent)
    Join Date
    Apr 2018
    Posts
    62
    Thanks
    0
    Thanked 2 Times in 2 Posts

    Re: Ripple coin

    Quote Originally Posted by Bigjon View Post
    Totally wrong again. FRN's are a private scrip currency borrowed into existence. Which suckers (US Citizens) borrow from that private system.
    You have to redeem lawful money to get the gov US Note version of FRN which is issued by the US Treasury.
    US treasury notes, gold and silver US coins are not your money. They are issued by the US treasury, not by you or anyone else.

    There is no such thing as a "US note version FRN".

  9. #17
    BANNED (Permanent)
    Join Date
    Apr 2018
    Posts
    62
    Thanks
    0
    Thanked 2 Times in 2 Posts

    Re: Ripple coin

    Quote Originally Posted by ziero0 View Post
    It is not the debt that was eliminated BY SPECIE. It is the contract that was extinguished.

    Debt doesn't exist.

    Follow along:

    1. Nothing is defined as the absence of anything
    2. Less than nothing is the greater subtracted from the lesser.
    3. The Subset of items enumerated as less than nothing has a population of ZERO.

    How do you have less than nothing when nothing is the absence of anything?

    There is no debt. Show me a handful of coins in one hand and debt in the other. The other hand will by all appearances be EMPTY.

    Q.E.D.

    But there is CONTRACT.
    You are slicker than a greased snake.
    In other threads you say debt is eliminated by using specie. Now you say there was no debt to begin with, but a contract exist?
    Ltfol......

  10. #18
    BANNED (Permanent)
    Join Date
    Apr 2018
    Posts
    62
    Thanks
    0
    Thanked 2 Times in 2 Posts

    Re: Ripple coin

    Quote Originally Posted by Bigjon View Post
    Totally wrong again. FRN's are a private scrip currency borrowed into existence. Which suckers (US Citizens) borrow from that private system.
    You have to redeem lawful money to get the gov US Note version of FRN which is issued by the US Treasury.
    If its a private system having private money then what does the US seal mean that's stamped on the FRN?

  11. #19
    .999 Unobtanium Horn's Avatar
    Join Date
    Apr 2010
    Location
    Out
    Posts
    25,233
    Thanks
    1,504
    Thanked 2,771 Times in 2,280 Posts

    Re: Ripple coin

    Quote Originally Posted by golddust View Post
    If its a private system having private money then what does the US seal mean that's stamped on the FRN?
    Fanfare for the common man, same with mounted busts of dead presidents

  12. #20
    Platinum
    Join Date
    Oct 2017
    Posts
    1,289
    Thanks
    169
    Thanked 609 Times in 406 Posts

    Re: Ripple coin

    Quote Originally Posted by golddust View Post
    In other threads you say debt is eliminated by using specie. Now you say there was no debt to begin with, but a contract exist?
    Which came first? The debt or the contract?

    I am endowed with five senses: touch, taste, smell,hearing and sight. Which do I use to detect debt? If I cannot sense debt then likely it is a construction of the mind. At any rate anyone who blathers on about me owing some debt had best produce a specialty that shows it is owed or at least to bypass the statute of fraud.

    If anything your ideas are much slicker than mine.

    Who do you work for? Some alphabet soup agency?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •