Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System

Chris Larsen, who disrupted consumer finance in the 1990s and 2000s with E-Loan and Prosper, is seeking to shake up the industry again with Ripple, a peer-to-peer payment and lending system. Ripple looks to improve on Bitcoin, the decentralized virtual currency and payment system that emerged three years ago and is beginning to gain some respectable traction. He's teamed up with Jed McCaleb, a serial tech entrepreneur and a major figure in the Bitcoin community. "The time has come for virtual currencies," Larsen says. "Bitcoin has been very successful " and has shown how digital currencies can work. Larsen would say little about the details of the venture. "We're in stealth mode," he says, and Ripple's website says a beta version is "coming soon" that will let users "easily, cheaply, and safely send money over the Internet to anyone, anywhere in the world." Dribs and drabs...

Full article: http://www.americanbanker.com/issues/177_235/disruptor-ch...

Tweets

@rob2775 » 17 Dec '12, 6am
Consumer finance innovator readying #P2P #payments virtual #currency #Ripple - think @BitCoin with wider applications [link]
@BramGerrist » 11 Dec '12, 11pm
RT @BankTechNews: Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link]
@dancommator » 11 Dec '12, 12pm
Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System #ripple #p2ppayment #bitcoin #financialservices #vir…[link]
@m_banking » 10 Dec '12, 4pm
Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System: Chris Larsen, who made waves in consumer fina... [link]
@AmerBanker » 10 Dec '12, 12pm
What's the most disruptive tech out there? Disruptor Chris Larsen is betting on a Bitcoin-like payment system [link]
@aussietorres » 10 Dec '12, 12pm
RT @fbonacci: Paging Ben Bernanke #wakeupcall “@rcwhalen: Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link]”
@fbonacci » 10 Dec '12, 12pm
Paging Ben Bernanke #wakeupcall “@rcwhalen: Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link]”
@cjenscook » 10 Dec '12, 11am
Ripple is a means of settlement of P2P obligations, not a currency. And no proprietary monetary system works. Period. [link]
@stacyherbert » 10 Dec '12, 11am
RT @rcwhalen: Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link]
@paulgnz » 09 Dec '12, 8pm
RT @leimer: Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link]
@BitCoinReporter » 09 Dec '12, 7pm
Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System - American Banker Article [link] #bitcoin
@Jasontheperson » 09 Dec '12, 7pm
Bitcoin beware: Disruptor Chris Larsen of E-loan and Prosper fame is rolling out his own digital currency [link] @DeadlyBrad42
@stephgourdon » 08 Dec '12, 5pm
RT @GJ7300: Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link] #payments
@echotraffic » 08 Dec '12, 1pm
Chris Larsen: "The time has come for virtual currencies"./ Yes, and for you to wake up maybe? [link]
@jonmatonis » 08 Dec '12, 7am
.@AmerBanker @WillieSmothers @BLR13 See comments to "Disruptor Chris Larsen Returns with #Bitcoin-Like Payment System" [link]
@jonmatonis » 08 Dec '12, 6am
@MarcHochstein @payments_source See my comments to "Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System" [link]
@WillieSmothers » 08 Dec '12, 1am
@GunsForRome My diversification will be into other virtual options like this --> [link] #lookingforward
@WillieSmothers » 08 Dec '12, 1am
Bitcoin v2.0? --> Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link]
@GJ7300 » 07 Dec '12, 7pm
Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link] #payments
@ajmcafe » 07 Dec '12, 7pm
RT @BarbarianCap: Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link]
@irregularsnd » 07 Dec '12, 7pm
good rt @AmerBanker: Bitcoin beware: Disruptor Chris Larsen of E-loan and Prosper fame rolling out own digital currency [link]
@stacyherbert » 07 Dec '12, 6pm
RT @AmerBanker: Bitcoin beware: Disruptor Chris Larsen of E-loan and Prosper fame is rolling out his own digital currency [link]
@AmerBanker » 07 Dec '12, 6pm
Bitcoin beware: Disruptor Chris Larsen of E-loan and Prosper fame is rolling out his own digital currency [link]
@MarcHochstein » 07 Dec '12, 5pm
Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link] Pickup from AB's sister pub @Payments_Source #Bitcoin
@zaniphrom » 07 Dec '12, 6pm
RT @AmerBanker: Bitcoin beware: Disruptor Chris Larsen of E-loan and Prosper fame is rolling out his own digital currency [link]
@mikearchy » 07 Dec '12, 6pm
RT @AmerBanker: Bitcoin beware: Disruptor Chris Larsen of E-loan and Prosper fame is rolling out his own digital currency [link]
@TheFedUp99 » 07 Dec '12, 6pm
RT @AmerBanker: Bitcoin beware: Disruptor Chris Larsen of E-loan and Prosper fame is rolling out his own digital currency [link]
@laselectadotcom » 07 Dec '12, 6pm
RT @AmerBanker: Bitcoin beware: Disruptor Chris Larsen of E-loan and Prosper fame is rolling out his own digital currency [link]
@Teesus » 07 Dec '12, 6pm
Disruptor Chris Larsen Returns with a Bitcoin-Like Payment System [link]