playerxrp Posted January 1, 2018 Share Posted January 1, 2018 hello all. I'm a big fan of Ripple and have invested about three weeks ago. unlike most of you here, i'm a novice when it comes to crypto currency. But just from a small experience with this technology i see so much potential. i'm also a banker and so investing in ripple made the most sense to me. One question i have is the yahoo profile. Ripple is a distributed network which means transactions occur immediately across the network - and as it is peer to peer - the network is resilient to systemic risk. Ripples aren't mined - unlike bitcoin and its peers - but each transaction destroys a small amount of XRP which adds a deflationary measure into the system. i don't understand the underlined comment Is this a weakness of XRP that will hurt long term value? Link to comment Share on other sites More sharing options...
manateehunter Posted January 1, 2018 Share Posted January 1, 2018 No. The amount of xrp burned per transaction is negligible even over the course of decades. Link to comment Share on other sites More sharing options...
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