Peer to peer banking + peer to peer money = Big concern?

Ripple Credit System Could Help or Harm Bitcoin

Peer to peer banking + peer to peer money = Big concern?

14 January 2013—This Christmas season I bought my very first bitcoins. The idea was to give them as gifts to my family, thus setting the Pecks out on the adventure of figuring out how Bitcoin —the four-year-old decentralized, stateless cryptocurrency —works and why it might be important. I enjoy giving homework as a present. The adventure, however, turned out to be my own, as I first had to find a way to get some bitcoins. Apparently there are a few ways: You can join the network that creates bitcoins and mint them at a slow, unpredictable pace. You can accept them as payment. You can buy them from a centralized exchange. Or you can find a random stranger online who wants to sell them and meet up with him on the street. I chose the latter, an option that landed me in a coffee shop three days before Christmas, handing over US $100 cash to a man I had never met, whose father...

Full article: http://spectrum.ieee.org/telecom/internet/ripple-credit-s...

Tweets

@spooney35 » 18 Jan '13, 12pm
From IEEE Spectrum: Peer-to-Peer Credit System Could Make or Break Virtual Currency [link] @cspanwj
@next49 » 18 Jan '13, 9am
めっちゃおもしろそう。あとで読む → Ripple Credit System Could Help or Harm Bitcoin [link]
@jgbarah » 17 Jan '13, 11pm
Ripple: Decentralized, p2p credit [link] It could be the exchange Bitcoiners want of Bitcoin’s first credible competition
@spooney35 » 17 Jan '13, 9pm
From IEEE Spectrum: Peer-to-Peer Credit System Could Make or Break Virtual Currency [link]
@jcolbes » 17 Jan '13, 7pm
"@lopuedojurar: Peer to peer banking + peer to peer money = Big concern? [link]" que pensás @EdQuintana ?
@jcolbes » 17 Jan '13, 7pm
RT @lopuedojurar: Peer to peer banking + peer to peer money = Big concern? [link]
@lopuedojurar » 17 Jan '13, 7pm
Peer to peer banking + peer to peer money = Big concern? [link]
@okhalid » 17 Jan '13, 6pm
Can e-currencies built on social relationships work and are they a good option? What do you think? [link]
@sjayanthi » 17 Jan '13, 5pm
e-money that makes sense: [link]
@Packetknife » 17 Jan '13, 5pm
[link] - Decentralized, P2P credit could either be the exchange Bitcoiners want - or the currency’s first credible competition
@MarkCraig » 17 Jan '13, 5pm
A stateless virtual #currency instead of money? Fascinating issues re a #socialnetwork Credit System. #Bitcoin [link]