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Hello, With the price of XRP reaching 2, we have experienced a 400% increase in system costs, in just 15 days. Is there a plan to reduce the cost of the account reserve for each account? (20 USD) For an exchange, it is possible to have multiple shared account on the ledger, however for a payment system, full functionality would require individual client accounts (rippling issued currencies for example). Currently 40 USD makes it in-viable to create individual accounts.

Hi all xrp enthusiasts, I have a question I couldn't find in discussions about the 20 xrp needed to open an account on the ledger, which are blocked after the account creation. First let's dream and say all humans on Earth decide to open an account on the ledger. it means 7 billions accounts for 140 billions xrp total (7billions people * 20xrp) which is more than the 100 billions xrp out there. Now let's go back to reality, when I am writing now, there are 1 347 165 accounts which means 26 943 300 xrp are hold in the ledger forever. With a growing utilisation it means that more and more xrp will be blocked. I know there is the possibility to vote to lower the need of xrp blocked on each new account but even with this, if there are 100 times more accounts in the future, it means that about 2 to 3 billions xrp will be hold on the ledger which is about 3% of all xrp, that sounds a lot to me. Is there further thinking in this ? I mean it seems like the xrp isn't made right now for a global use. If the account opening cost was about 1 xrp it would be more realistic on a global human scale, because it would mean about 7 billions xrp blocked on the ledger dedicated to account opening. Also don't forget some people could want several different accounts. It's also possible that if in the future xrp costs more, the account opening will become very expensive in fiat money. These are just some questions I was wondering about because of a possible online wallet business I could make where every users would have their own xrp accounts. Basically a service for simple xrp account creation and managing but not in the way exchange do it, because exchanges actually use 1 to 10 accounts on the ledger and then manage it internally. My purpose was to let people have their own xrp account but I guess such a service would dramatically block a lot of xrp. Thanks for reading, I hope I was clear. Regards.