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Tue May 28 11:35:05 UTC 2013  <mjr_>   that is another point i dislike about ripple

Tue May 28 11:34:53 UTC 2013  <mjr_>   btc already does everything ripple does, and people haven't even implemented all the features it does have

Tue May 28 11:34:35 UTC 2013  <mjr_>   huh?

Tue May 28 11:31:03 UTC 2013  <mjr_>   let me guess the pitch starts with "its like <successful internet company> but with bitcoins!"

Tue May 28 11:30:34 UTC 2013  <mjr_>   new bitcoin project, sounds amazing

Tue May 28 11:27:00 UTC 2013  <mjr_>   off twitter

Tue May 28 11:26:56 UTC 2013  <mjr_>   LOL

Tue May 28 11:26:52 UTC 2013  <mjr_>   Looking for a web developer interested in a new project #bitcoin related. Get in touch big opportunities #webdeveloper

Tue May 28 11:24:41 UTC 2013  <mjr_>   so, bitcoin is plenty fast

Tue May 28 11:24:13 UTC 2013  <mjr_>   my favorite point that shows people how stupid ripple is, is that more than 75% (by my estimation) of transactions thus far have waited for 1 or less confirmations

Tue May 28 11:23:29 UTC 2013  <mjr_>   i think erik's talk on the moneyness of bitcoin is one of the best things written about it

Tue May 28 11:18:12 UTC 2013  <mircea_popescu>   mjr_ in that debt is not fungible, in that liquidity is not free, in that information is never symmetrical and in that closed models don't work fopr that application

Tue May 28 11:15:20 UTC 2013  <mjr_>   anyway, i think ripple is fundamentally flawed in that debt is not fungible

Tue May 28 11:15:03 UTC 2013  <mjr_>   hahhaa

Tue May 28 11:08:50 UTC 2013  <mjr_>   ^lol

Tue May 28 11:05:15 UTC 2013  <mircea_popescu>   <mjr_> which is the only rational thing to do << nonsense. who rational is involved ?

Tue May 28 11:03:54 UTC 2013  <mjr_>   TBH, I don't think that OpenCoin's hilariously bad presentation and ponzi is the real problem with ripple, i think that it is a fundamentally bad system

Tue May 28 11:03:16 UTC 2013  <mjr_>   so doesn't the whole thing kinda break down without everyone trusting?

Tue May 28 11:03:04 UTC 2013  <mjr_>   no debt can "ripple" through your account

Tue May 28 11:02:50 UTC 2013  <mjr_>   which is the only rational thing to do

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