Post
Topic
Board Altcoin Discussion
Re: Ripple & Nem
by
namini
on 03/08/2017, 08:37:57 UTC
I already posted this somewhere else on this forum but:

Quote
I don't understand the logic of people saying there is an important supply.

Current price is $0.16 with 38B circulating supply.

Would you prefer a price of:
$1.6 with 3.8B circulating supply

or a price of
$16 with 380 million circulating supply

or a price of
$160 with 38 million circulating supply


Because in all cases that's exactly the same.


Don't forget there is a fixed number of XRP that were created at Ripple's inception and no more allowed to be created by protocol's rules. Also XRP is deflationary (small amount of XRP gets destroyed with each transaction).

Ripple on decentralization:

https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/

https://www.cryptocoinsnews.com/ripple-unveils-strategy-become-decentralized-bitcoin/