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First it was bitcoin being decried as a "scam currency". Then bitcoiners called litecoin a "pump n dump" alt-chain. Now its BTC and LTC promoters campaigning ag

• EarthLaunch 13y ago
  That's not information worth noticing, because facts aren't relative. One could easily be a scam, justifying such a campaign.
• rxl 13y ago
  Bitcoin, Litecoin, Feathercoin, etc. are all decentralized currencies, and this fact should give you at least one very good reason to trust them. Ripple has been pre-mined and is not decentralized, but in fact controlled by one entity (regardless of what the creators may claim). There is a huge difference here. Not even a comparison.
  • kylebrown 13y ago
    The main thing which makes bitcoin decentralized is that there's no central authority which can seize your coins. Its the same with Ripple, XRP at a ripple address cannot be seized or moved (without the private key for that address). Issues of coin distribution and mining versus no mining is a separate concern. From my vantage point, the great majority of LTC belong to Litecoin founders/investors/miners while the great majority of XRP belong to Ripple founders/investors/gateway-partners. There are trade-offs with either distribution scheme, but "coins to miners" is just one scheme (not the defining criteria for decentralization).