BTW this is wrong, since 2015 inflation has been about 6% per year. If you go to the same chart on messari now it shows there was a big increase in supply in 2014 but after that it stayed at 6%
Question: you told us „this fiat money goes into assets“… but: if someone buys an asset (eg. 1000$), this fiat money isnt destroyed/didnt „vanish“,….these 1000.-$ just CHANGED HANDS…. so money cant really „GO INTO ASSETS“, isn‘t it?
Xrp is not inflationary all xrp has been made no more no less Ripple releases xrp out of escrow at 1-3% a month of market, all xrp is the same price. Deflationary: Do to burn transaction rate, you are misinformed or lie. Market cap literally means nothing
Xrp community only argument is “trust me bro” “this video won’t age well” You give them actual data and they close their ears saying you’re fudding. It’s clear they don’t want to be saved LOL At least you tried Gerhard
XRP holders were sold a dream by Ripple Labs. They kept dumping more and more XRP onto the market which is why it legged so much. You're right to bet on falling prices, the charts prove your thesis.
and then we wait for the next XRP fud by bitcoin/eth maxis. Best to leave them in their cult, wating days for transactions to confirm while paying a premium
The only case I’ve seen for this is the banks have to buy it to send the instant transaction. But then they sell it on the other end instantly too... Where in its use case are banks incentivised to buy and hold xrp? Thus pumping bags of xrp holder?
The XRP army said that XRP would go back to its previous ATH of $3+ if they would win the SEC case....XRP never touched even $1 dollar....XRP will never go higher than $0.90.
