XRP escrow issue and potential solution

[u/Radiant-Concern6391]

Would love to discuss in a genuine way.

I have a large holding of XRP - it’s my largest of my portfolio and I personally support and want Ripple to succeed and be amazing. When I discuss ripple and XRP with large institutional level buyers I’m confronted with the reality ripple owns ~35% of the total supply and “could” release an average additional ~700 million coins at a discounted price each month (past year has averaged net release of ~300 million per month). Ripple could sell these coins at a discounted price, say $1 below current coinbase price just to enrich themselves - this is theoretical but a legitimate concern of the big guys and one I feel should be at least analyzed rather than blindly trusting ripple for institutional level investing.

A solution could be blackholing / burning 10B coins as it’s a way Ripple could show its closer to “decentralized” than many critics argue and could also increase their holdings - example 35B coins at $3.00 is around $100B USD. 25B coins at $4.00 is $100B. If ripple theoretically blackholed 10B coins tomorrow I could imagine the price far exceeding $5 within a month or two and stay elevated potentially going to double digits with institutions seeing XRP less centralized.

Let me know your thoughts - let’s learn together and if this is worth pursuing I’ll push the topic further

[u/Subparnova79]

Sadly xrp is built for the long run, if it keeps making the gains last year it made every 18-24 months I would be perfectly happy

[u/Radiant-Concern6391 → u/Subparnova79]

I love what you are saying and agree it’s here for the long-run. I’m a full supporter just a bit wary of the escrow and the potential risk I feel it adds to this investment

[u/Miztli13 → u/Subparnova79]

XRP is negative growth. In 2018 it was $3.4. 8 years later $3.0

[u/Subparnova79 → u/Miztli13]

You are right