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Author Topic: Ripple CTO says community could force the company to burn 48 billion XRP  (Read 702 times)

Offline newshunter

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Ripple CTO says community could force the company to burn 48 billion XRP

Ripple could be forced to burn its entire XRP holdings if the community votes for it, the company’s CTO David Schwartz has confirmed.


Source: Ripple CTO says community could force the company to burn 48 billion XRP

Would appreciate your opinion about this

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Offline KryptoBull

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Re: Ripple CTO says community could force the company to burn 48 billion XRP
« Reply #1 on: December 06, 2020, 05:18:49 PM »
Circulating Supply = 45.3B XRP, which Ripple risks 48B XRP burning :)
In addition, the XRP token price is considered capable of reaching 1 USD by the Flare Network airdrop event, so 48B USD is at risk of being burned to push the XRP price in the market and limit Ripple's manipulation.
I support the XRP community, wishing them success in reducing the centralization of Ripple.

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Re: Ripple CTO says community could force the company to burn 48 billion XRP
« Reply #1 on: December 06, 2020, 05:18:49 PM »

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