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Ripple would be too centralized for a libertarian.

• Nuzzerino 9y ago
  There is a difference between investing because you think something will grow, and investing because you want something to grow. You don't have to be a libertarian to bet on its price increasing.
• davesque 9y ago
  Is it though? I thought the "Consensus" protocol was just as decentralized as anything else and is mostly different in that it allows nodes to say which other nodes they trust. That and it makes more realistic assumptions about how important it is in practice to avoid history collisions. From what I understand, the Ripple people are only making libertarians mad because they're not opposed to making a crypto system which could actually be easily adopted by existing institutions which does not make them "centralized" by default. Being able to process more TPS doesn't necessarily make you centralized.
  • pmorici 9y ago
    No, Ripple depends on a handful of so called "validator" nodes. Right now the handful of validators that exist are all run by Ripple themselves. Double spend protection in Ripple comes from trusting validators not to defraud you. So Ripple is neither trust less or decentralized in the sense that the original Bitcoin whitepaper would describe the concepts.
• runeks 9y ago
  But Facebook wasn’t?