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ringaroundthetx | 8 years ago

Thats not the point, the xrp being cannot be bought by one entity because there are already millions of addresses and this has a helpful effect on the network and was designed for this exact scenario

Read up on it yourself, I think its some form of staking or validating

Im not the evangelist of Ripple just because Im not succumbing to widespread ignorance and flawed analogies

discuss

order

keymone|8 years ago

last XRP can't be bought because they can't be spent. how is 20XRP that you can't spend different from 0XRP that you can't spend?

ringaroundthetx|8 years ago

Right its not, what does that have to do with my grandparent post

My point was that the ripple network wouldnt be useless for the entity that bought 99.99% because of the network structure, I’m not sure what your point is

Another user of the network would need to buy xrp from the majority holder, there’s nothing controversial about that. Diamonds function the same way for DeBeers except they have a much lower standard of utility until the owning entity created a new use for them.