You are viewing a single comment's thread from:
RE: Ripple (XRP) , What is your opinion about Ripple?
How is Ripple deflationary, if the creation of the tokens don't stop? What is it now 99 billion tokens with a 1 million add every month? Compare it to Bitcoin's 16 million currently and it will "never" reach 21 million.
And it is not the Ripple tokens that hold the value, but the Ripple network. Partnered banks don't actually use the Ripple tokens, only network.
Not to mention that the token itself is unlicensed security.
yes i agree with you about tokens, but the the technology itself makes sense, the value of the coin will be in base of the use of it and how are the contributors, huge banks are migrating to the ripple network
Banks using Ripple network have nothing to do with Ripple token price. Money is not flowing into Ripple market capitalization, because of banks using the Ripple network.
That might trigger speculation from traders to buy Ripple and this money would go towards market capitalization. But the reaction might not come, you have to keep in mind that.