Re: Ripple

That's the same question I have.

The only answer I have so far is that it would allow comparison.
BTC or XRP only have value when compared to USD or EUR.
Now, if we could arrange (market-driven) prices to say 1.5 BTC = 2
EnergyUnits,
I may have an idea of how much XRPs I can expect/I am willing to invest for
a specific transaction.

maybe ;)


2013/11/20 Patrick Logan <patrickdlogan@gmail.com>

> But I have no idea why I, as a holder of one of your notes, would care
> how much energy you can "reference" unless I have the ability to
> exchange my note for your energy?
>
> (I'm missing something fundamenta;.)
>
> On Wed, Nov 20, 2013 at 12:47 PM, Fabio Barone <holon.earth@gmail.com>
> wrote:
> >
> >>
> >> My first thought is, how could that be? Currency is virtual and can be
> >> exchanged virtually for relatively little energy.
> >>
> >> Energy is not (yet) at all stable and is not efficiently exchanged
> >> across significant distance. In fact in the US at least for multiple
> >> reasons, we need to put a lot of energy *into* decentralizing our
> >> energy generation.
> >>
> > Good question. I think it is not about exchanging intrinsic value of
> energy,
> > but about by reference to...
>