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| Watching xrp/ripple for this reason:
https://ripple.com/lp/iso-overview/
Which brings up the one subject any pro-Bitcoiner doesn't want to touch: created from nothing, backed by nothing, regulated by nothing and so the top crypto currency does not actually function as a currency. Because its value changes 5 to 25% a month. Anyone buying stock for inventory to sell at a later date using the electronic currency known as Bitcoin? If you are, you got some pretty big balls. I think that is why Bitcoin is now a "store of value" and the idea of a crypto currency not actually operating as a currency for transactions is not talked about. And the transaction processing speed of minutes and hours. But that is also why you wouldn't use the Bitcoin crypto currency as a currency- it takes too long to use it as a currency. So with all that, one looks at what solutions may exist so that a crypto currency actually operates as a currency.
Regulation would be a big, big step. Then, if they could actually link the crypto to something with backing to give it value, you would be almost home with solving the problem of backed by nothing, regulated by nothing, created from nothing. | |
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