Re:Selling Bitcoins in Canada
by eberkund on Wednesday December 20, 2017 @06:45PM
(#15974977)
Just a note that Ripple and Mt. Gox founder Jed McCaleb left the Ripple project to form Stellar Lumens which is technologically superior and I expect XLM to surpass XRP in the "cheap transactions and marketable to banks" space.
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Re:Selling Bitcoins in Canada
by mancerayder on Wednesday December 20, 2017 @10:13PM
(#15976110)
I can't read comments on the Internet for a full hour without bumping into someone trying to advertise the amazing qualities of one or another coin I never heard of. Call me skeptical.
Re:Selling Bitcoins in Canada
by godzillabrennus on Thursday December 21, 2017 @02:10AM
(#15977010)
Read about it. Or heck, buy one and see how fast it works. Lumens are sell at about $0.26 as of this posting.
It’s insanely fast compared to any other “currency” I’ve transacted with (including BTC, ETH, and LTC).
Re:Selling Bitcoins in Canada
by shawabawa3 on Thursday December 21, 2017 @07:19AM
(#15978274)
While we're shilling cryptos that we're heavily invested in, I suggest you check out XRB for even faster, and fee-less transactions
As a side note, just put this together a few days ago myself, Stripe is also invested in Stellar Lumens, having invested $3M USD back in 2014 for 2% of the coins, now Stripe's position is worth over $500M USD.
Re:Selling Bitcoins in Canada
by hanklazard on Wednesday December 20, 2017 @06:56PM
(#15975063)
Interesting, I’ll check it out.
My question remains though, and here it is in another form: is there a compelling reason for banks to use a public blockchain rather than just use their own private network? I can’t figure out why they would use a cryptocoin-incentivized public blockchain, but maybe I just haven’t thought about it enough. Anyone have a good answer to this?
There is a nice speculative article about Jed McCaleb which may or may not be true, still interesting nonetheless: https://steemit.com/ripple/@olyup/fck-you-money-the-rise-and...