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Should Ripple burn 50% of XRP’s supply to pump its price?


XRPto50dollars
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Since XRP has taken off on charity fund-raising, it might be great to have a designated account where those who wish to see less XRP in circulation could donate from their stack for a "prescribed burn"  which would benefit everyone.

Let those who are wanting to burn more XRP be the first to contribute.

 

 

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Ripple is here to create a dent in the universe, not a sparrow-fart over the Atlantic Ocean. A massive pool of instantly available liquidity that will make payments frictionless from and to any entity on the planet.

It is still only 2019. Think 10 years in the future, and then potentially 4000 years of Drops being burnt every ms for transaction costs. Burning a massive part of the supply in one go will not bring stability, only short term gains for speculators. This is not a Mickey Mouse ledger, it is the standard.

 

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3 hours ago, dr_ed said:

Since XRP has taken off on charity fund-raising, it might be great to have a designated account where those who wish to see less XRP in circulation could donate from their stack for a "prescribed burn"  which would benefit everyone.

Let those who are wanting to burn more XRP be the first to contribute.

 

 

I think retail burned enough cash on this dumpster fck  as it is.

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