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0 points0x4454428y ago0 comments

This! When a company comes along that can pull off a 1/1 mapping of an electronic token to a given currency and build out the trust less blockchain like infrastructure that allows for transactions at little to no cost that company will have value.

I'm really intrigued by things like Ripple but to me the value there isn't XRP but is Ripple Labs. But AFAIK I can't buy stock in Ripple Labs.

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njarboe8y ago

Why the US government is not the "company" that has done this already is a real shame and a bit baffling (except for the standard, "It's the government. What do you expect." argument). Fee free online transactions would be great for US competitiveness and give the dollar a leg up in staying the world currency. If not the US, some other country with a convertible currency should do this. They could have the defacto online currency very quickly, I think. How about it Iceland?

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