Dubke79

VIRES IN NUMERIS

[Dubke79 @Dubke791]

@dom_kwok Welcome in my beautiful country 🇳🇱

[Dubke79 @Dubke791]

🎯

[Phil Kwok | EasyA @kwok_phil]

“ripple and its cofounders have too much xrp and keep dumping it”

this is a criticism i see so much.

because on paper it looks true.

ripple and its founders have sold a lot.

and i’ve also thought about it deeply.

but was this just bad tokenomics design?

my conclusion is no.

the critics are wrong.

it was actually one of the best tokenomics ever.

here’s how it created the perfect environment for success 👇

first of all, there are many reasons people often give for selling, like decentralising ownership etc.

i won’t go into those because i feel they have been tackled by other blockchains (e.g. through airdrops etc).

instead.

my thesis is actually that this tokenomics is one of the key reasons that xrp has succeeded.

why?

number 1, because its stewards were all heavily incentivized to make it a success.

remember that xrp started from literally 0.

they made it actually worth something.

and today the top dogs have made hundreds of millions (some of them, billions).

they were rewarded for this.

and don’t forget.

all of the original creators are still at ripple (apart from one).

which other blockchain of the same vintage can say the same?

vitalik is literally the only cofounder still at ethereum (there were 8 in total).

and remember, ripple and the xrpl’s creators didn’t make money in a vacuum.

xrp is up 120,000% since it started trading (see coingecko).

early believers in the xrpl were rewarded together with its creators.

they went on this generational wealth-building journey together.

and how about ripple?

its massive holdings of xrp are massive, yes.

but importantly this has a purpose:

it’s a warchest.

and this has enabled ripple to keep building through bear market after bear market.

taking big swings at its massive mission.

people who say that ripple and the xrpl's creators were given too much xrp feel like socialists.

they’re socialists who pursue equality and end up only making everyone poorer.

those critics don’t understand that to create wealth, you need to reward those who generate it (for a great novel on this, see ayn rand and atlas shrugged).

one of the greatest lessons from silicon valley is that to make something successful, we need to ensure its creators can become rich in the process.

so in conclusion, did ripple and the xrpl's creators get a ton of xrp? yes.

but was this a bad thing?

no.

i’ve come to believe it was actually one of the best things.

you just need to look at the facts.

anyone saying that the same success could have been achieved by giving them less is dealing purely in counterfactuals and in the realms of the imaginary.

this tokenomics has long been forgotten.

but it’s simple, and proven to work.

and i think it’s actually one of the best ever.

[Dubke79 @Dubke791]

Case closed! LFG 🚀

[Tristan Snell @TristanSnell]

People are losing their jobs. Prices keep climbing. Measles continues to spread. Bird flu is raging. Veterans are getting fired. The stock market is a roller coaster. Our alliances are being shattered. Ukrainian civilians are getting bombed by Russia.

Donald Trump is golfing.

[Cryptoinsightuk @Cryptoinsightuk]

Say less haters.

[Brian Krassenstein @krassenstein]

BREAKING: The World Reacts to Trump Calling Zelensky a ‘Dictator,’ - Here are their Words

https://t.co/QLmoyIquX1

[Dubke79 @Dubke791]

@QuintenFrancois https://t.co/Su5jo1IdqA Beetje leeswerk, kost je 5 min.

[Dubke79 @Dubke791]

@QuintenFrancois Salty Quinten en totaal niet nodig!
Doe eens onderzoek, maar ook echt onderzoek naar XRP. Jammer dat je portfolio het niet zo best doet momenteel met je geliefde LINK en hey die heb ik zeker te weten ook. Een absolute winnaar net als XRP.

[Art Candee 🍿🥤 @ArtCandee]

Canadian MP Charlie Angus:

“We will never, ever, ever, kiss the ring of that gangster from Mar-A-Lago."

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

[Dubke79 @Dubke791]

@QuintenFrancois Facts ✅

[𝗕𝗮𝗻𝗸XRP @BankXRP]

Ripple CTO David Schwartz illustrates the efficiency gains from tokenization,

[Ripple @Ripple]

Planting the Ripple flag in Portugal today with Unicâmbio, our first Portuguese client and the country’s leading currency exchange provider! Using Ripple Payments, their corporate customers can now move funds near instantly between 🇵🇹 & 🇧🇷. https://t.co/ruOdZnHtAT

[Dubke79 @Dubke791]

Salty 🙃

[Build on Stellar | Meridian 🔜🇵🇹 @BuildOnStellar]

imagine spending more on lawyers than developers and calling it progress

[🌸Eri ~ Carpe Diem @sentosumosaba]

Get your head around this and you’ll be closer to understanding #XRP and the Ledger are not Ripple.

[Draft Jon Stewart 2028 @Stewart_2028]

Finally, a candidate who SAYS what we’re all THINKING! #Stewart2028 #DraftJon

[Dubke79 @Dubke791]

@chrisklomp 🙈

[Brad Garlinghouse @bgarlinghouse]

⏰

[Ondo Finance @Ondo]

We are bringing OUSG to the XRP Ledger with @Ripple.

OUSG, an institutional-grade product backed by tokenized US Treasuries and BlackRock’s BUIDL fund, represents a natural fit for a blockchain purpose-built for institutional adoption.

See how Ondo and Ripple are powering institutional-grade finance onchain: https://t.co/a4tqsiapi9

[Digital Asset Investor @digitalassetbuy]

China is behind Deepseek just like it’s behind Bitcoin and Ethereum.

[𝗕𝗮𝗻𝗸XRP @BankXRP]

🌊 @Ripple did not create the decentralized cryptocurrency XRP

In 2011 XRP Ledger Development three developers—David Schwartz, Jed McCaleb, and Arthur Britto

“Learn” here 👉 https://t.co/NSZyrgpfuQ