Viewing a response to: @olyup/fck-you-money-the-rise-and-fall-of-xrp
A few points: <em>"Others have been promised to early investors in agreements that are not public."</em> Absolutely false. We very carefully made the decision that no XRP would go to early investors. At the time, the legal landscape was entirely uncertain and people even argued that all cryptos were inherently counterfeit. We absolutely did not want to put any of our early investors at any legal risk and we absolutely would never have considered an agreement like this. <em>"The XRP had been sold, so Ripple froze the $1 million USD from the sale. This did not require intervention by the courts; Ripple simply used their power to freeze any transactions on the network (!) and since it happened through Bitstamp's Ripple gateway, the funds were on-network."</em> Absolutely false. Ripple has no such power. Bitstamp froze the funds because there was a legal dispute over their ownership. The same thing would happen at, say, Poloniex if there were a dispute over the ownership of funds there. With respect to Jed's agreement: Ripple has the primary right to determine what volume is legitimate and what volume is not. As you can probably figure out, Ripple and Jed are not exactly buddies right now and we have historically done everything we possibly could to keep Jed from dumping. I can't imagine us releasing XRP to Jed (remember, Ripple holds it) if we weren't convinced the volume was legitimate. He would have to sue us if that was his plan. Ripple's litigation with Jed was not about us trying to take anything from him or keep him from making money. In fact, because he was prevented from dumping, the XRP he holds is worth much more than he would have gotten by dumping it. Ripple's litigation posture has always been to protect the market for XRP from insider dumping. Also, Chris Larsen resigned his position as CEO. He's still a board member and almost as active as ever. In fact, I still report to him, as do two other people.
post_id | 2,905,240 |
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author | joelkatz |
permlink | re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170520t225015344z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "tags": ["ripple"]}" |
created | 2017-05-20 22:50:15 |
last_update | 2017-05-20 23:16:57 |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
abit | 0 | 400,039,115,684 | 1% | ||
roadscape | 0 | 931,649,827,965 | 10% | ||
olyup | 0 | 249,579,808 | 100% | ||
btcshare7 | 0 | 6,744,459,859 | 100% | ||
charbelnamm | 0 | 0 | 100% | ||
kyriacos | 0 | 85,770,121,240 | 100% | ||
blubeast | 0 | 1,959,719,963 | 100% | ||
haydentiff | 0 | 57,848,133 | 100% | ||
affordableweb | 0 | 53,898,724 | 100% | ||
spoonz | 0 | 603,080,851 | 100% | ||
bratalurch | 0 | 333,651,969 | 100% | ||
pucksterpete | 0 | 364,274,189 | 100% | ||
neoncow | 0 | 5,052,950,132 | 100% | ||
ovz6 | 0 | 0 | 100% | ||
nanich | 0 | 0 | 100% | ||
pinkielady | 0 | 2,797,322,307 | 100% | ||
arsenalfx | 0 | 0 | 100% | ||
slipperydippery | 0 | 1,515,369,884 | 100% | ||
malloy | 0 | 1,515,366,537 | 100% | ||
doqstrader | 0 | 577,119,825 | 100% | ||
xrpennywise | 0 | 1,515,366,110 | 100% | ||
bsameep | 0 | 0 | 100% | ||
qatrikias | 0 | 0 | 100% | ||
cryptorhea | 0 | 0 | 100% | ||
kennymeyer | 0 | 0 | 100% | ||
jlanzago | 0 | 0 | 100% | ||
porlcynic | 0 | 0 | 100% | ||
granunic0rn | 0 | 0 | 100% | ||
philabsurd | 0 | 0 | 100% | ||
cmaccu | 0 | 0 | 100% | ||
twin74 | 0 | 0 | 100% | ||
frozenbanana | 0 | 0 | 100% | ||
rembert | 0 | 0 | 100% | ||
mikemazza | 0 | 0 | 100% |
This article gives a very good explanation as to why a valueless token has clbed to #2 cryptocurrency.
post_id | 2,920,749 |
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author | pawnuts |
permlink | re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170521t151156993z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "tags": ["ripple"]}" |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
prawda | 0 | 430,176,583 | 100% | ||
tellall | 0 | 1,212,295,777 | 100% | ||
doqstrader | 0 | 577,119,825 | 100% | ||
itsdanmark | 0 | 0 | 100% |
IF YOUR SAYING WORTHLESS YOUR AN IDIOT, IF YOU MEAN PRICELESS YOUR EXACTLY RIGHT. YOU DO UNDERSTAND RIPPLE IS TAPPING A 27 TRILLION DOLLAR INDUSTRY RIGHT?
post_id | 7,878,793 |
---|---|
author | bcphotolab84 |
permlink | re-pawnuts-re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170722t023637098z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "tags": ["ripple"]}" |
created | 2017-07-22 02:36:45 |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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It is still centralized.
post_id | 2,921,608 |
---|---|
author | kyle.anderson |
permlink | re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170521t154635526z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "tags": ["ripple"]}" |
created | 2017-05-21 15:46:36 |
last_update | 2017-05-21 15:46:36 |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
doqstrader | 0 | 577,119,825 | 100% | ||
itsdanmark | 0 | 0 | 100% |
What is the "it" you are referring to? Bitcoin -- where three companies in China choose which transactions go in?
post_id | 2,925,728 |
---|---|
author | joelkatz |
permlink | re-kyleanderson-re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170521t183901397z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "tags": ["ripple"]}" |
created | 2017-05-21 18:39:00 |
last_update | 2017-05-21 18:39:00 |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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author_curate_reward | "" |
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---|---|---|---|---|---|
kyle.anderson | 0 | 7,110,717,843 | 30% | ||
bratalurch | 0 | 333,651,969 | 100% | ||
laurieanderson | 0 | 1,575,026,242 | 30% | ||
malloy | 0 | 1,515,366,537 | 100% | ||
xrpennywise | 0 | 1,515,366,110 | 100% | ||
anteksiler | 0 | 0 | 100% | ||
twin74 | 0 | 0 | 100% | ||
bradynields | 0 | 0 | 100% |
I don't have anything that satisfies my trust requirements that the actors in control are not colluding. These are the types of trust assumptions Bitcoin builds on.
post_id | 2,936,347 |
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author | kyle.anderson |
permlink | re-joelkatz-re-kyleanderson-re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170522t031221301z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "tags": ["ripple"]}" |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
doqstrader | 0 | 577,119,825 | 100% |
Hate on Bitcoin security all you want. Your a developer? for a pseudo-decentralized consensus ledger.
post_id | 2,936,377 |
---|---|
author | kyle.anderson |
permlink | re-joelkatz-re-kyleanderson-re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170522t031351925z |
category | ripple |
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last_update | 2017-05-22 03:13:51 |
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author_reputation | 8,981,178,609,606 |
root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
beneficiaries | [] |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
doqstrader | 0 | 577,119,825 | 100% |
Are u a part of ripple company?
post_id | 3,040,736 |
---|---|
author | doqstrader |
permlink | re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170525t074611897z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "tags": ["ripple"]}" |
created | 2017-05-25 07:46:15 |
last_update | 2017-05-25 07:46:15 |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
beneficiaries | [] |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
doqstrader | 0 | 577,119,825 | 100% |
I am the first employee, hired in November of 2011. I was on Ripple's Board of Directors during the Jed fiasco. I am currently Ripple's Chief Cryptographer.
post_id | 3,084,723 |
---|---|
author | joelkatz |
permlink | re-doqstrader-re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170526t153926636z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "tags": ["ripple"]}" |
created | 2017-05-26 15:39:27 |
last_update | 2017-05-26 15:39:27 |
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children | 1 |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
doqstrader | 0 | 732,145,204 | 100% | ||
philabsurd | 0 | 0 | 100% | ||
rogeremmick | 0 | 0 | 100% | ||
anteksiler | 0 | 0 | 100% | ||
twin74 | 0 | 0 | 100% |
Wow!! That is impressive glad to know u. I'm big fan of ripple. I like the system n the transaction.. very fast.. u do a good job buddy
post_id | 3,085,823 |
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author | doqstrader |
permlink | re-joelkatz-re-doqstrader-re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170526t162034451z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "tags": ["ripple"]}" |
created | 2017-05-26 16:20:36 |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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@olyup @joelkatz Thanks for post For interesting read for ripple https://steemit.com/cryptocurrency/@pps/ripple-things-you-need-to-know-about-ripple
post_id | 5,452,222 |
---|---|
author | pps |
permlink | re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20170628t191832059z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "users": ["olyup", "joelkatz"], "links": ["https://steemit.com/cryptocurrency/@pps/ripple-things-you-need-to-know-about-ripple"], "tags": ["ripple"]}" |
created | 2017-06-28 19:18:33 |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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Ripple is the king of shitcoins. If you are into Ripple, you are against the very ideology of blockchain, against free market and freedom in general. Choose the future you want to build with your wealth wisely or crash with your friends banksters. Natural selection... ;) https://steemit.com/cryptocurrency/@evolutionnow/how-to-make-millions-on-shitcoins
post_id | 25,002,708 |
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author | evolutionnow |
permlink | re-joelkatz-re-olyup-fck-you-money-the-rise-and-fall-of-xrp-20180111t122914670z |
category | ripple |
json_metadata | "{"app": "steemit/0.1", "links": ["https://steemit.com/cryptocurrency/@evolutionnow/how-to-make-millions-on-shitcoins"], "tags": ["ripple"]}" |
created | 2018-01-11 12:30:42 |
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root_title | "FCK/YOU Money: The Rise and Fall of XRP" |
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