at worst it sounds too complex for consumers to get their heads around
You could have said the same thing about personal computers. Most users who use Ripple may not even know they are using it, just like computers (most people who use computers do not realize that that thing in their hand that allows them to look at youtube is a computer)
It seems to be begging the question to demand acceptance of the prerequisites of the requirement to agree not to disagree. These prerequisites form a model of what it means to be rational. I'm not sure if they are the best possible model, or even if they work. This includes the hypothesis that a system is only
. It is a very fine balancing act to maintain currency values but it can be and has been done for a long time.
On the contrary, since the Federal Reserve got started, the markets have been less not more stable, and both the US and global financial system has seen more, not less panics, of greater, not less severity.
"I am, therefore I am." -- Akira