Can more XRP can be created by Ripple?

in cryptocurrency •  7 years ago 

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Ripple, the company has no intentions or power to do so. The company came into existence after 100 B XRP’s were already created. They had no influence on the amount of XRP’s that were created. The only reason some of the top management team of Ripple own many XRP tokens is that the creators of XRP gave them the tokens after they were brought in to manage XRP’s functionality. This, therefore, doesn’t give them the power to create more XRP.

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Why would they need to? They hold 70% of 100 billion coins ready to be dumped any time.

The question arises cos of the sudden increase in flow of the coin