/biz/ - Business & Finance

>>50464445
The XRP can be used but the burn amount that accompanies each transaction cannot. Basically, the burn amount/transaction fee associated with the transfer is destroyed. Over time, that will add up decreasing supply and increasing demand. That is why the SEC is hellbent on making it a Security and not a currency or commodity. So they can generate taxes from its sale at profit like stocks. The case is a Money-grab against Garlinghouse and Larsen, as well as future sellers. Government is a big game of Hungry Hungry Hippos.