J.T. Marlin his crazy ass looks like Einstein 😂

Benjamin Franklin

That's because u have not enough knowledge to see all the errors he made

@@VoodooD0g please list them one by one. #butthurtbitcoinmaxi?

@@vipcress Indeed, he is a mad maxi.

Are you talking about his work on bitcoin?

Michael Angelos : HAHA love it! Yep!

Michael Angelos : the way I figure I’m in this for the next twenty years do or die. ( been here for 2+ years holding strong) I might as well buy in a bit each month. I lose it all or I wake up to an Incredible Day! And obviously i have confidence in the first scenario.

Michael Angelos + It is never enough even after 50K XRP. Money is addictive

It is like looking in a mirror

LMFAO 😂😂😂

Brother I have 30,000 and I think that is low lol I want another 10,000.

Remove the reward/incentive and no one will be running nodes/providing data except those who need the data ie. Banks/institutions. Banks can still provide faulty data in flares system so which nodes do you use when they all have the potential to be malicious actors to screw up each others business? Every business that needs data isn't going to run their own nodes. They will want to pay someone else to provide the data and flare is not a safe data provider for that reason. That is not truly decentralized or trustless. It is not as stable a system as Chainlink. David Schwartz may be a crypographic expert but he doesn't understand economics.

@Dom Stevens good answer

@@marcsv0174 Put simply, the XRP Ledger is based on an inherently decentralized, democratic, consensus mechanism - which no one party can control. This the literal meaning of decentralized.

T-BoNe + John McAfee tweeted out that David Schwartz was the creator of Bitcoin and quickly deleted the tweet. www.google.se/imgres?imgurl=i.redd.it/6xzfzzn1o1t21.jpg&imgrefurl=www.reddit.com/r/XRP/comments/ben6vu/david_schwartz_is_satoshi_nakamoto/&tbnid=hW1eqCQ-4MoeMM&vet=1&docid=CBN-VsVFcbTDtM&w=1080&h=193&hl=sv-se&source=sh/x/im preview.redd.it/6xzfzzn1o1t21.jpg?width=1080&format=pjpg&auto=webp&s=73b5d12f4a962f5f3492ac70aecf9cae56b1af5c share.icloud.com/photos/0Oqrti_dDso4K2bq6nEiiaY8Q

@@fidlaf1 down the rabbit hole we go... patents.google.com/patent/US5025369A/en

I heard David tweaked Bitcoin to work better in mining pools, not invent it.

@@krileayn That's true. When I first found out about bitcoin, I wanted to look at the code but needed some inspiration. Bitcoin was around $15 at the time and mining pools were just starting to grow. The original code wasn't designed with mining pool in mind and had a lot of scalability issues that hurt pools. I saw a number of pool operators contributing to bounties to anyone who could fix those issues. I figured that was a good way to learn my way around the code having a real goal to keep me focused. I fixed those issues, earned the bounties, and used them to make the down payment on a new house when I moved to Oakland. I sold the bitcoin right as I was buying the house and Wells Fargo needed to investigate the funds to make sure they weren't borrowed. I submitted to them the blockchain records and links to the posts on the bitcointalk form where the bounties were offered and claimed. The mortgage was approved.

@@SJoelKatz Hi David thanks for replying. Yes I remembered the story like that. Hopefully XRP will let me buy a house in the future as well. All the best with Ripple and XRP for all of us. God Bless

The thing is Bitcoin is a good store of value that could be used as currencie. Xrp is a good currencie that can not be used as a store of value. Xrp its good but if the públic blockchains like digital euro etc work, would not have a place. The only Path is xrp being used by goverments. But the way tokens were destributed i dont Belive a goverment Will use it. Not a big One at least. But the tech is good, just a very hard Path to implementation.

@@joaosilva-ji1ve lol your projecting about btc… it will eventually go to 0. “Store of value” isn’t a function… xrp is used by banks for real time payment.

@@imabout2eat40 So lets see then.

@@joaosilva-ji1ve okay tough guy

@@imabout2eat40 lol man..Im just saying lets see. Time Will tell

To transfer value, a bridge token. Example nosro vostro, it releases dormant capital in banks and creates instant liquidity.

Natural-law is best for the users not necessarily "FORCED" Stakeholders.

How do you "avoid" a double-spend attack? Identity validation and verification....

Improving "SERVICE" and "PERFORMANCE!" for the user...

Yes, he only had a limited amount of time to talk and he could probably speak for hours.

His personality. Genius

they warned him to finish in 5 min

We have never used a realtor to buy or sale. Thats owning 4 homes. That’s over a 34 year time period. The last bought in 2007.

Stellar originates from Ripple

They must be mad at Bob way for giving us all the secrets

@@olivermasters Bob Way did not give us all the secrets, there are many more, under NDA, all in due time

I hope to repeat this talk for a KZfaq video going a bit more slowly and into more detail, particularly in the second half where I basically just read each slide as fast as I could.

@@SJoelKatz we all would appreciate that, we love hearing your take not only on the ripple company but the entire cryptospace

@@SJoelKatz Hi David, did you get around to doing this? Thanks!

The nodes will vote on which transaction goes through. It doesn't matter which receives the payment because both are good solutions to allow forward progress on the blockchain. It's the senders fault if it doesn't go to the person they wanted it to since they tried to exploit the system.

@@SlickZyk What about the other recipient that acted in good faith (for instace funds were held on escrow)

xrp is garbage, but he does make some good points.

@@sinjinbeatbox the thing is: his 'good points' are neutralized when one considers the de-facto centralisation of XRP & 'big daddy' Ripple on many vectors. So for his 'genius' 'solutions', there are - as usual!! - tradeoffs that make this cryptocurrency in fact centralised and expose it to the mercy of a corporation. So it's pretty much the same as with any other altcoin, there's just better marketing and more nicely phrased, carefully drafted narratives that make it easy for the ears.

@@WattanaPui proof of work and financial incentives suck, but so does xrp's solutions to those things. that's all i'm saying.

@@WattanaPui defacto centralization? Dude, you mean BTC? XRP is the opposite of centralized so you homework😂

@@anonjohnson5591 you seem to be at the very beginning of your journey - good luck!

Cap

Blueskys77 You are wrong ... it does not matter that anyone can run a node... it will not be included in the quorum... there are rules... unlike mined networks.

Are you actually calling '- when the banks were not charging fees for services' a situation where interests are aligned ? Do you think banks want no fees for their services ? ..... Your other examples are also not ones that banks will want. Customers, yes, banks no. So, no alignment

Frans I am saying that once upon a time normal nation state citizens benefited from banking services in the following manner: 1: grandma received interest on her account b as lance 2: grandma did not need to worry about Canadian bank bail-in legislation. That was before Harper made it legal in the 2014 March budget. 3: grandma invested in bank stocks 4: grandma paid fewer service fees ... etc ... That was in the Land Before People knew about banking as Ponzi schemes. Look up fractional reserve banking. The governments and politicians have enabled the banks to crash the system. Wait for it...

@@maxentropy7596 I understand all that, but that was not what you were saying

Frans :-) Then I miss spoke.