user2349: My understanding is there are 100 billion pre-mined XRP coins all belonging to Open Coin who have a vague plan to distribute them at some point in time, fairly. Does anyone else see a problem with this or is there more to it than that? It seems to be far more centralized than any central bank we have at the moment. 

user4354: This was extensively discussed @bitcointalk.org, for one example see:
https://bitcointalk.org/index.php?topic=146964.0
There is much more in other threads there.

2349: <p>My understanding is there are 100 billion pre-mined XRP coins all belonging to Open Coin who have a vague plan to distribute them at some point in time, fairly. Does anyone else see a problem with this or is there more to it than that? It seems to be far more centralized than any central bank we have at the moment. </p>
 4354: <p>This was extensively discussed @bitcointalk.org, for one example see:
<a href="https://bitcointalk.org/index.php?topic=146964.0" rel="nofollow">https://bitcointalk.org/index.php?topic=146964.0</a></p>

<p>There is much more in other threads there.</p>
