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General Discussion / Re: ripple rally
« on: December 20, 2014, 06:03:20 pm »I think ripple and bitshares are not direct competitor and can work together in a great way.
If you want the ideals of current banking system, ripple is the best implementation.
If you want the ideals of bitcoin, bitshares will be (I hope) the best implementation
I agree. Perhaps we can use Ripple to enable easy onramps into BTS from USD, CNY, and other currencies. This would be very useful.
It would be very useful for a BTS gateway inside ripple to be launched and for a BTS inbound / outbound bridge to be created similar to BTC ... This is much easier than it appears, but it requires a competent BTS gateway operator. RL recently released gatewayd as a starting package for such. See https://github.com/ripple/gatewayd
Of all the crypto networks, it seems clear that Ripple has the biggest lead in linking to the banking system. As such the other networks would do well to encourage the development of Ripple bridges. That's the best way to tap bank liquidity. And it's the way that liquidity in one becomes liquidity in all.