What’s your initial argument, comparing QNT to XRP solely based on price and market value? While both are digital assets, they’re not cryptocurrencies. QNT’s primary use case is to pay for software licenses. Let’s engage in a constructive discussion to understand each other’s perspectives, rather than engaging in ego-driven arguments.
You’re right that the ledger settles in 3-5 seconds, but measuring demand by that tiny window misses a huge factor: locked-up XRP.
In economics, the Equation of Exchange (M \times V = P \times Q) shows how money flows. Your logic assumes the velocity (V)—how fast the money moves—is at absolute maximum, with every single XRP constantly zipping around to make payments.
In reality, the system forces a lot of XRP to sit still. You literally have to lock up XRP just to open a basic wallet or connect to other tokens (trust lines).
Since a massive chunk of XRP is permanently parked like this, it can't be reused for those quick transactions. Therefore, the total money supply (M) needed to run the network has to be much larger than just what's moving in a single 5-second block.