RE: RIPPLE - The Importance of Speed and Efficiency in Payments

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RIPPLE - The Importance of Speed and Efficiency in Payments

in ripple •  8 years ago  (edited)

Given the amount of coins ripple network posesses and ability their ability to create xrp is just another tool helpful for central banks to continue their control over the money supply or more correctly if I call it debt supply

ripple
8 years ago by

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      ·  7 years ago 

    XRP cannot be created. 100 billion XRP existed in the genesis ledger and there is no mechanism to create any more. XRP does not reflect debt in any way, it's a pure asset, so I don't understand the connection you're seeing.

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