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Stellar seems interesting until you realize it’s just another attempt at making a database to sell scrip to speculators. What’s the “value” of a database desig
by nosuchthing 8y ago
Stellar seems interesting until you realize it’s just another attempt at making a database to sell scrip to speculators.
What’s the “value” of a database designed for plutocracy?
- gammateam 8y ago> What’s the “value” of a database designed for plutocracy? Being a future plutocrat :) In both Stellar and Ripple every new address effectively burns a small amount of the native token. Let it spread
- nosuchthing 8y agoYou've missed the important point entirely, you're not making the "money" I'll take a wild guess that you've given your money that's accepted everywhere, in exchange for Stellar and Ripple because you want to sell it to someone else for more than you bought it? Once you look past the marketing facades it's basically penny stock with a slow database that's incompatible with almost everything else. It's good to look into the details behind the folks who make all these free tokens: https://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over-1-million-in-disputed-funds https://www.coindesk.com/ripple-jed-mccaleb-settle-suit-over... As part of the settlement, McCaleb has sold his equity in Ripple, and has agreed to sale controls on 5.3bn XRP owned by him and his children.
- gammateam 8y agoI didn't miss a thing, I responded to you You asked whats the value in a slow database for plutocrats? When you clearly and obviously undervalued the value of the idea of being a future plutocrat That is the value, you just spelled it out, and then undervalued it!