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

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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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10 minutes ago, AlejoMoreno said:

Topics like this start to pop up more and more when the market is performing poorly. When/if the market turns around, nobody will care how many XRP Ripple has. 

Just as a sampling side-by-side project comparison between XRP and Litecoin the latter seems like a joke.

Considering the founder’s sell-off and lack of Github project updates since 2018, who expected Litecoin to be one of the top performing coins in 2019?

Yep, the market’s totally legit. (Sigh)

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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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1 hour ago, Staigera said:

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

You're welcome. I did it for you, my son. 

No, don't try to thank me. I'm just paying it forward, as others did for me.

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