Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great - Motherboard (blog) #bitcoin

Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great (Or Destroy It) | Motherboard

Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great - Motherboard (blog) #bitcoin

Until now, one of main flaws of bitcoin is that still relies on centralized exchanges. For starters, it’s a philosophical dilemma for currency that is inherently decentralized, leaving bitcoin vulnerable to government intervention. Moreover, while the concept of the currency continues to stand the test of time, the exchanges have been less resilient. The New York-based Bitfloor was robbed of $250,000 worth of bitcoins in September, Bitcoinica has been hacked multiple times , and MtGox, the largest exchange around, was breached in 2011 causing bitcoin prices to plummet. These confidence-sapping breaches have hampered bitcoin's spread and made ordinary people wary, leaving the crytpocurrency banished to the nether-regions of the ‘net where it’s used mainly for drugs, sex, and generally dark arts, like child porn and Craigslist hitmen. A concept called Ripple could change all...

Full article: http://motherboard.vice.com/blog/the-ripple-economy-could...

Tweets

@metamapps » 01 Feb '13, 7pm
Good article on potential impact of Ripple, a P2P credit system. Why stop at Bitcoins & FIAT tho? [link] #valuenetworks
@realmattforney » 24 Jan '13, 4pm
Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great (or Destroy It) [link] (via @motherboard and @sfnuop)
@jan » 24 Jan '13, 1am
Ripple? Bullshit! It's called cyclr! [link]
@orksliver » 23 Jan '13, 9pm
RT @motherboard Ripple, a peer-to-peer financing what Bitcoin needs: [link] [disruptively good in free-market way]
@thomasverhagen » 23 Jan '13, 6pm
Decentralized p2p debtsystem to strengthen bitcoin #dialoguesnl [link]
@CryptoCurrent » 23 Jan '13, 6pm
Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great [link] #cryptocurrent
@danstuckey » 23 Jan '13, 5pm
A P2P financing network could make Bitcoin great (or destroy it) [link] via @motherboard @sfnuop
@uncleunvoid » 23 Jan '13, 4pm
RT @mkshftmag: Will Ripple, the P2P credit network, be Bitcoin's killer app? [link]
@bernino » 23 Jan '13, 4pm
RT @BitCoinReporter: Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great - Motherboard (blog) [link] #bitcoin
@mkshftmag » 23 Jan '13, 4pm
Will Ripple, the P2P credit network, be Bitcoin's killer app? [link]
@Schimizzi » 23 Jan '13, 4pm
RT @motherboard: Ripple, a peer-to-peer financing network, is what Bitcoin needs to go mainstream: [link]
@motherboard » 23 Jan '13, 4pm
Ripple, a peer-to-peer financing network, is what Bitcoin needs to go mainstream: [link]
@BitCoinReporter » 23 Jan '13, 4pm
Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great - Motherboard (blog) [link] #bitcoin

Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great (Or Destroy It) | Motherboard

Ripple, a Peer-to-Peer Financing Network, Could Make Bitcoin Great - Motherboard (blog) #bitcoin

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