Quote from: mining1 on May 03, 2017, 12:38:35 PM

Your link is about distribution. Doesn't have anything to do with what i just said. BTC has 21mil token limit and in curent circulation there's 16mil.

There's 37billion XRP in circulation and 62 more billions XRP held by ripple. That's twice more than the amount in circulation. Ofcourse they benefit from a higher price. And that's my point. They are the only ones who benefit from it. Investors are there for their milking machine.

BTC distribution will never be matched because it was before the get rich quick mentality kicked in. BUT let's face it, the real goal of a decentralized asset to be utilized isn't in the initial distribution but how it confirms transactions. Mining was freakin awesome until Chinese mining pools started dominating the network, now we have smart contracts/escrow that can control a distribution in a similar manner without the politics/power consumption. Rather than Chinese mining farms confirming transactions Ripple uses validators ran by Microsoft, MIT, CGI, possibly Amazon, etc to accomplish the same thing. While mining btc becomes more centralized, Ripple is actually becoming more decentralized with every validator added. As far as distribution is concerned, Ripple is working on using something like escrow to lock up xrp and distribute in more transparent manner. I wouldn't worry too much about total supply vs available supply this early in the game. Ripple is actually deflationary in a way because xrp is destroyed with transaction fees, I would be more worried about inflation with some of these coins more than current available supply. When it comes to utilization Ripple is definitely one of the very best with validators, tx/sec, governance. When it comes to initial distribution, bitcoin is pretty damn hard to match considering it defined the value of this market so is impossible to do the same thing again with the knowledge we have now.