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File: 337 KB, 678x381, xrpxlm-678x381.png [View same] [iqdb] [saucenao] [google]
20123477 No.20123477 [Reply] [Original]

What would happen if Ripple burned the escrow? It didn't seem to affect the XLM price other than a quick minor pump when Stellar burned half the supply. But would an escrow burn affect the lawsuit at all?

>> No.20123801

>>20123477
no it wont affect anything. XRP is and always will be one of the shittiest centralized printed out of thin air non blockchain asset in the space, until it dies.

>> No.20123827

How would ripple be profitable if they couldn't sell XRP?

>> No.20123841

>>20123827
IPO

>> No.20123863

>>20123841
You can't do an IPO when you don't have a business, retard.

>> No.20123877

>>20123801
>XRP is made from a block chain all at once and given to a centralized authority to distribute over a decentralized network
>Retard anon who doesn't understand crypto simply says it isn't

That's gonna be a yikes from me, dawg

>> No.20123897

>>20123863
my friend from school steve madden

>> No.20123906

>>20123877
the network isn't decentralized, theres 21 validator nodes and the list of who can be a validator node is centrally maintained by the ripple team. its a scam. anyone who claims "xrp is decentralized" is a super brainlet.

>> No.20123923

>>20123906
but technically it is m8

>> No.20123947

>>20123923
>>20123923
xrp people are all brainlets, i'll stop posting now. just know that if you go into any crypto community and ask what they think about xrp, they all think its dogshit.

>> No.20123971

>>20123477
The burn did have an effect. Before burn 5 XLM = 1 XRP and now 2.5 XLM = 1 XRP. Stellar strength vs. Ripple has been disguised by both still lagging BTC. Since everytime escrow coins are released price dumps it would obviously be a positive if it ended. But good luck getting escrow holders to agree.

>> No.20123986
File: 223 KB, 1529x872, pumpanddupmscam.png [View same] [iqdb] [saucenao] [google]
20123986

>>20123923

>> No.20124000

>>20123986
so you dont want to hold a coin that is known to violently pump ??

>> No.20124001

>>20123863
The business is software sales, not XRP sales. XRP sales are just a means of distributing tokens and are not needed once the software side (which is reliant on XRP) is profitable on its own. Most of the escrow isn't even being bought up anymore.