Discussion on Ripple and Cryptocurrency
Does anybody use Ripple?
Wow. I think you guys might be the winners
because Ripple is a currency agnostic protocol.
You know, Bit- uh, Bitcoin relies-- Bitcoin wants to be the money.
Ripple,
it, they have their native currency, but they don't necess-- they'll--
Ripple is a,
a protocol that works very similarly to, to Bitcoin, but it's
more interested in, in facilitating and processing
payments. But it'll, it'll process US dollars,
euros, bitcoins, its native currency.
It's currency agnostic. And so it's quite possible that,
that this ruling actually benefits the, uh, payments processors
as opposed to the, uh, virtual currencies that really wanna be a
competing currency.
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