Ripple is ripping...Can it pass Bitcoin

JeffGoldman

JeffGoldman

Ripple is on a tear...It just passed $10 Billion market cap versus Bitcoin $28 Billion. It just blew by Ether (market cap $8.4 Billion) Can Ripple pass Bitcoin?
 
just21 said:
Isn't the supply of ripple inflationary unlike bitcoin which is deflationary e.g limited to 21million tokens?
More...

Apparently, Ripple (XRP) is deflationary. Each transaction burns a fraction of a coin so total supply slows down, similar to Bitcoin which slows down supply by making it harder to mine.

A good post here explaining the profile and application of XRP.

https://forum.ripple.com/viewtopic.php?p=44938#p44938
 
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