Re: Ripple

Some new papers on Ripple:
* https://ripple.com/ripple_primer.pdf
* https://ripple.com/ripple-gateways.pdf


On Wed, Nov 20, 2013 at 2:15 PM, Fabio Barone <holon.earth@gmail.com> wrote:

> 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...
>>
>
>