5 ms·

Ripple is going gangbusters. I think it will be bigger in 2015: https://ripple.com/news/ https://ripple.com/news/

by amalag 12y ago

drcode 12y ago
I like how the quote they pulled from the WSJ article at the top of your linked page is out of context to make it look like the federal reserve is specifically investigating ripple technology.
- amalag 12y ago
  The sentence is pretty clear: > Some Federal Reserve district banks are looking at how the technology might streamline the Fed’s interbank payments system... Not sure what you are construing. The Earthport deal is much bigger anyway because it is addressing an area for which there is no existing infrastructure, international payments.
  - drcode 12y ago
    There is no indication that "the technology" in the WSJ article is referring to Ripple, but to Bitcoin technology in general- Other readers can check the original source and draw their own conclusion, but it is pretty obvious when the entire paragraph is read (instead of the cherry-picked sentences)
    - amalag 12y ago
      There is no confusion if you read it as it is stated. They are referring to banks investigating Ripple, not Bitcoin. So no, the article is not confusing the two. Bitcoin technology (blockchain) is completely different from Ripple (consensus). The only thing they have in common is the "crypto" moniker. You can see an article with a Vice President of the St Loius Fed who is aware of the differences: https://ripple.com/blog/5-questions-for-st-louis-fed-economist-david-andolfatto/ https://ripple.com/blog/5-questions-for-st-louis-fed-economi...
      - drcode 12y ago
        Wow, I've done a few Google searches on the sourcing of articles on Mr Andolfatto that contain pro ripple statements, and I see curious things, a deep rabbit hole I'm not going to enter. I should say in general though the Ripple did some very innovative things and deserves the success they've had so far, on technical merit alone.

Ripple is going gangbusters. I think it will be bigger in 2015: https://ripple.com/news/ https://ripple.com/news/

by amalag 12y ago

Ripple is going gangbusters. I think it will be bigger in 2015: https://ripple.com/news/ https://ripple.com/news/

I like how the quote they pulled from the WSJ article at the top of your linked page is out of context to make it look like the federal reserve is specifically investigating ripple technology.

amalag 12y ago
The sentence is pretty clear: > Some Federal Reserve district banks are looking at how the technology might streamline the Fed’s interbank payments system... Not sure what you are construing. The Earthport deal is much bigger anyway because it is addressing an area for which there is no existing infrastructure, international payments.
- drcode 12y ago
  There is no indication that "the technology" in the WSJ article is referring to Ripple, but to Bitcoin technology in general- Other readers can check the original source and draw their own conclusion, but it is pretty obvious when the entire paragraph is read (instead of the cherry-picked sentences)
  - amalag 12y ago
    There is no confusion if you read it as it is stated. They are referring to banks investigating Ripple, not Bitcoin. So no, the article is not confusing the two. Bitcoin technology (blockchain) is completely different from Ripple (consensus). The only thing they have in common is the "crypto" moniker. You can see an article with a Vice President of the St Loius Fed who is aware of the differences: https://ripple.com/blog/5-questions-for-st-louis-fed-economist-david-andolfatto/ https://ripple.com/blog/5-questions-for-st-louis-fed-economi...
    - drcode 12y ago
      Wow, I've done a few Google searches on the sourcing of articles on Mr Andolfatto that contain pro ripple statements, and I see curious things, a deep rabbit hole I'm not going to enter. I should say in general though the Ripple did some very innovative things and deserves the success they've had so far, on technical merit alone.