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That's the only thing about bitcoin that actually interests me, how easy is to make payments cutting and pasting some text.

But everything else surrounding bitcoin, I don't find it useful at all. I just want/need something like bitcoin, but connected to my €-denominated bank account. I don't want or need an alternative "digital currency" and I find the mere idea of one stupid, I just want to make exchanges with current currencies (which are already "digital", something that for some reason is missed all the time, maybe because it's much easier to get attention on the internet using buzzwords).

Because bitcoin wants to be a currency, and a decentralized one at that, it needs to do the cool, but weird shit that the blockchain is. All the cryptography behind it, i find it a massively complex waste of time that only gets justified because of the absurd fetish of decentralization. The world just needs to safely and easily exchange money through internet, nothing else. An overengineered solution that tries to workaround the current financial system for no good reason is not a great solution for that need IMO.

I'm hoping that at some point someone (banks, credit card companies, paypal) will end up doing what bitcoin doesn't wants to do.




So you want Ripple, essentially.

You should be aware that anything dependent on a small set of entities can fail spectacularly. You never know if they get hacked, bankrupt, sued, raided, etc ...


Ripple is a rip-off. You buy a gift card and the money stays there..


Ripple allows people to issue cryptographically secured debt securities, not sure what you think it is




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