Seriously folks? This is old news. Ripple put 55B XRP into escrow with a plan to release 1B into circulation each month for the next 55 months. Ripple has been very transparent about its plan and stuck to its word. When it put the 55B into escrow, the price went up, because it added credibility to Ripple. It allows investors to accurately predict supply.
Thanks for the info.
This means we have an inflation of about 2.6 percent/month. 31 percent/year. This is huge.
This is huge ..
Hardly ..
Try pricing XRP based on total supply ..
The distribution scheme for the remaining XRP has been widely KNOWN for months now ..
No secrets here ..
Ripple Labs has been very transparent for anyone that bothers to do some DD ie "due diligence" ..
WasTriffin ..
Thanks for sharing, alot of fud going on...