It's a great point: people who don't have an emotional investment in the Department of X can easily see that the people who make up the Department only care only for improving their own power and financial position, and are making X even worse both by getting in the way and also by consuming valuable resources that could be used to actually provide X instead.

The difficult part is realizing this is true for all X, even the ones which are your personal favorites.

Ripple is a debt accounting system.

You can send Dollars or gold over Ripple - you can transfer promissory nodes for those things.

The difference between a promissory note and the value the note represents is something that Ripple should be trying to clarify - instead they seek to obscure it.

Because they try to pretend that promissory notes are equal to underlying assets, they don't include any features that would act like leverage limits. There is no ability to deal with counterparty risk rationally in their system, since trust in a counterpary is binary.

In real world, liabilities of different entities are discounted by a value that reflects their credit risk. Ripple does not permit this operation. You either value liabilities at par or not at all.

As others have mentioned, their consensus system is neither distributed nor trustless. It's a centralized, badly-designed, debt accounting system trying to pretend it's a trustless cryptocurrency.

Use whatever services you want to use.

Refrain from using services you do not wish to use.

Allow other people to make their own choices, or fuck off.

but will not work with service or good provided in the real world

Actually, it's going to work just as well with real world services and goods.

they can simply catch you at the payment

Bitcoin

or make a take down on your server on non compliance

You do know there is an entire planet where servers can be hosted, right?

Also, have you ever heard of "peer to peer networks"? I hear they are making waves these days.

And frankly as a customer there ARE some law i want respected, no matter what you young guys think of them

That's wonderful. You will always be perfectly free to choose taxi server providers which meet the standards you want.

As long as you don't try to interfere with the choices of other customers then there is no problem.

I'm so sorry that you got this far in life without understanding grammar or reading comprehension.

Don't worry - I hear it's a curable condition.

The ability of governments to act as gatekeeper that controls and taxes voluntary commerce between willing parties is ending. Deal with it.

The more they try to fight it, the faster we'll invent and improve circumvention technology.

Whatever you call the generation of people between 25 and 35 learned the Napster vs Bittorrent lesson very well.

Uber and Lyft may die, but they'll just be replaced with entirely P2P systems.

Sting operations give us both an incentive and the opportunity to develop trust network that optimize for protecting sellers from malicious customers. Once developer, the applications for such trust networks will be quite broad.

The era in which one group of people will be able to control the commercial activities of third parties is coming to a close. Deal with it.

And you really really needs carbs to live. What is your point?

You need carbs to live, but it's fine for as little as 0% of those carbs to come from your diet. Your body can manufacture all the glucose it needs given the right protein and fat supplies.

i cant see how steganography can anonymize a connection and hide a transaction when the end point is public knowledge.

Good.

Get a treaty to pass that forces ISPs to block traffic they cannot decrypt

So then we just move to steganography.