Why the payment card system works the way it does and why Bitcoin isn’t going to replace it any time soon: http://gendal.wordpress.com/2014/07/05/why-the-payment-card-system-works-the-way-it-does-and-why-bitcoin-isnt-going-to-replace-it-any-time-soon/ …
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@bascule I don't see how that is possible to do in a decentralized way, which is my interest. -
@stevedekorte Ripple is "centralized" in that the currency is "minted" by a trusted vendor (but supports P2P exchange w/o talking to Ripple)
End of conversation
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