XRP burning rate

XRP burning rate

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Anonymous
XRP burning rate 2017-09-03 02:48:28 Post No. 3325661
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XRP burning rate Anonymous 2017-09-03 02:48:28 Post No. 3325661 [Report]

Redpill me on this: is it true that in case the xrp token is used in the ripple ledger, a certain amount of xrp will get "burned" during the transaction process?
If that is right, the sheer amount of xrp will slowly but definitely decrease, making each token more valuable over time...
Is this true? If yes the high number of tokens in circulation won't matter that much.
Inb4 muh banks muh jews blablaba

Anonymous 2017-09-03 02:50:20 Post No.3325681
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Anonymous 2017-09-03 02:50:20 Post No.3325681 [Report]

>>3325661
yeah but its a slow burn

I think its like 1000 droplets? and 1 XRP = 1 billion dropplets?

Anonymous 2017-09-03 02:51:41 Post No.3325700
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Anonymous 2017-09-03 02:51:41 Post No.3325700 [Report]

>>3325661

Very slow OP. If you hodl for 10 generations these will finally be valuable bags.

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