Replies to post #6070 on Ripple (XRPUSD)

[MindlessSelf]

I guess I haven’t thought about it l, but the lower xrp is, the more will be used up from the monthly escrow release on new use cases, partnerships, and to fund their operations.

If xrp shot up to $1, they wouldn’t need as much xrp to fund those uses for the same value and would prolong how long their supply is locked up.

So if xrp really takes off and sustains higher prices, more goes back into escrow and pushed out another 5 years. It could take a long time for ripple to burn through it all unless if the demand was so high that they need the billion regardless of price.

That kind of demand would come if it really were to replace Swift, or if IMF/governments and central banks wanted to use it to process billions of cross boarder transactions a day.