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A comment on Ripple fully funded every live DonorsChoose classroom project yesterday. Parent comment

Re:Ripple fully funded every live DonorsChoose classroom pro... by agorabinary on Thursday March 29, 2018 @01:50AM (#16704801)
The only reason Ripple is worth anything is because of PR to convince the world that a wholly premined coin that isn't even necessary to use the Ripple network holds any value at all. So... a $29 million PR move to boost a $22 billion PR move?
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Re:Ripple fully funded every live DonorsChoose classroom pro... by Zarath on Thursday March 29, 2018 @02:03AM (#16704848)
Well so if the coin is totally useless, then at least funding charities with it is about as good as it gets right?
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Re:Ripple fully funded every live DonorsChoose classroom pro... by rlabrecque on Thursday March 29, 2018 @04:00AM (#16705350)
I mean it makes me feel less bad about my $5k loss on xrp.
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Re:Ripple fully funded every live DonorsChoose classroom pro... by tootie on Thursday March 29, 2018 @11:19AM (#16707743)
It's like taking a loan using magic beans as collateral.
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Re:Ripple fully funded every live DonorsChoose classroom pro... by anichhangani on Thursday March 29, 2018 @05:44AM (#16705744)
It's not necessary for the payments layer, Although the asset can be used for the settlement layer, as can a lot of other tokens be used (see ILP: inter ledger protocol), I have used bitcoin and ether, all I can say is that XRP is by far the cheapest and fastest way to settle right now.
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Re:Ripple fully funded every live DonorsChoose classroom pro... by SippinLean on Thursday March 29, 2018 @04:04PM (#16710572)
It is impossible to mine ripple and it's cheaper to use Xrapid when making settlements, making XRP not neccesary but incentivized.
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