I'm not sure how I feel about this. Is SDF doing this because they truly don't feel they need so many XLM or are they doing
it to drive up prices?
The people behind Stellar Lumens finally realized that having spectacular many billions of coin supply is not helping the platform in any way. Driving up the price is, of course, part of the many reasons why they burned more than half of the available coins. Still, 50 billion coins remains a lot but already at a manageable and growth stage level. I am hoping that the Stellar Lumens team would be active in gaining partnerships with other organizations that can be helping it gain more exposure and adoption.
Stellar Lumens has a good potential to be changing the face of the remittance and micro-payment sectors.
Stellar is primarily a distributed payments network that is meant to provide a fast, secure and inexpensive cross-border payments solution. It can also be used to issue your own tokens, and as an ICO platform is considerably easier to use when compared with Ethereum. I know they can compete well with its direct competitors in the cryptocurrency industry.