Can Ripple Become a Future of Financial System?
Sometimes, you may wonder, what would happen if you would be able to invest your time and money at the very beginning of the company which later turned big (think, Microsoft, Google, or Facebook). You need to be in the right place at the right time, and you should be ready to take a risk. Definitely, for one winner there are thousand losers. But, so what? Calculated risk often pays back great dividends. First it was Bitcoin. Who could predict that virtual game currency could turn into real investment? There were few believers, there were few early adopters. According to Norwegian news outlet NRK, Kristoffer Koch decided -- on a whim -- to invest 150 kroner (about $26) in 5,000 bitcoins in 2009, soon after the Bitcoin network first came into existence. Koch is said to have discovered the virtual currency while writing a thesis on encryption and decided to put down a small investment out of sheer curiosity. Unaware of just how successful bitcoins would soon become, Koch says he promp...