Ripple had $2.5B money transfer, now second biggest virtual currency

coinmarketcap.com

24 points·aabalkan··9 comments

You realize that there are statements posted on this website that are out of date and patently false, right?

Like: "First of all, the source code isn’t even out yet"

And the multiple issuer issue that is display as "no milestone" has been closed and implemented in the current version of the client.

The title is misleading, the transfer only used Ripple as a medium of exchange and didn't use the Ripple currency XPR (called Ripples)

Ripple is currency agnostic.

Ripple sounds like a terrible idea. As some people aptly named it as Keynescoin.

I believe Mastercoin and Coloredcoins are Ripple-style ledger on Bitcoin network technologies.

The amount of new currencies is... hilarious? Soon we'll need a new software category on https://en.wikipedia.org/wiki/List_of_software_categories

I have to wonder if the same happened when we figured out the printing press, minting gold/silver, etc...

If you'll remember in the early American Colonies, [every colony had its own currency](http://en.wikipedia.org/wiki/Early_American_currency).

actually, the history of money is far more pluralistic and interesting than even colonial money. regional currencies built this country until consolidated via central bank in the name of stability.

isn't the title wrong? it says 2.5b money transfer, but it's really 2.5B market cap based on it's current valuation, right?

correct. OP is totally incorrect.

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