Voted Coins
Icon Karma (on Sol) - Airdrop Icon AlttC (on Sol) Icon Get your coin listed here
Icon Karma (on Sol) - Airdrop Icon AlttC (on Sol) Icon Get your coin listed here

« previous next »
Pages: [1]   Go Down

Author Topic: Ripple CTO says community could force the company to burn 48 billion XRP  (Read 703 times)

Offline newshunter

  • Master Jedi
  • *
  • Activity: 21000
  • points:
    2208739
  • Karma: 1002
  • Trade Count: (0)
  • Referrals: 0
    • Last Active: May 08, 2020, 01:05:39 AM
    • View Profile

    • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 20000 Posts
Ripple CTO says community could force the company to burn 48 billion XRP
« on: December 05, 2020, 07:00:27 PM »
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
Logged

Altcoins Talks - Cryptocurrency Forum

Ripple CTO says community could force the company to burn 48 billion XRP
« on: December 05, 2020, 07:00:27 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Offline KryptoBull

  • Mythical
  • *
  • Activity: 5933
  • points:
    1073899
  • Karma: 202
  • Coinomize.biz
  • Trade Count: (0)
  • Referrals: 1
    • Last Active: May 08, 2025, 09:28:01 AM
    • View Profile

    • Total Badges: 31
    Badges: (View All)
    Seventh year Anniversary 50 Poll Votes Karma Bad
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.
Logged

Altcoins Talks - Cryptocurrency Forum

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

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Pages: [1]   Go Up
« previous next »
 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod