@SherwinLining Y’all are dumb. Something being tokenized is not the same thing as providing liquidity or settling transactions. You can tokenize a trillion dollar asset on 1 XLM, and XLM does not need to be worth a trillion dollars to do it.
@JoeyMannarino Because he understands when you’re moving in the wrong direction, progress is the last thing you need. Patriots stand against tyranny, not turn a blind eye to be a good “team player”
@NFAdotcrypto -OR- yes….They do sell it. They then use that capital to fund operations which have dedicated all of their energy toward forming partnerships, infrastructure, and acquisitions that will yield a return for early investors of XRP.
@KhushieFiji@vincent_vancode The deflationary aspect isn’t what I’m referring to. It’s the fact that if you want to operate on the XRPL, you have to hold XRP. If every institution in the entire world is holding XRP, and it’s a valued commodity on their balance sheet, there is less liquid supply.
@KhushieFiji@vincent_vancode Gotta hold XRP to pay those gas fees tho. All transactions that take place on the XRPL must burn minimum of ten drops XRP. When every institution is holding, 100B might not be enough.