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RE: Are you a Bitcoin zealot? The new money coming into cryptos doesn't care about your religion

in #bitcoin8 years ago

All these cryptos at the end of the day are start up companies of one shape or another. They have centralized teams that work on them and make major money for them. None of them are "pure" as most cryto-advocates are hoping for. Some are more community based then others but at the end of the day, their real value is to solve a problem and their value should be based upon this. If they legitimately are creating new problems as well then this is also an issue, but as much as I've heard complaining about this with Ripple I don't see a real case for saying this yet.

What I mostly see is a bunch of unfounded anti-banker rants that have nothing to do with Ripple since Ripple is just providing financial services companies a solution to use. Actually this is great for the crypto community because it legitimizes them to major investors. Etherium is being used by JP Morgan, Goldman Sachs, and Morgan Stanley, probably three of the most corrupt banks in the world and you don't hear a peep out of anybody about this. Is Etherium now also an "evil banker" coin?

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