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𝕃𝕦𝕟𝕒𝕃𝕦𝕟𝕒✴︎💗

Following0Followers (X)13.3KPosts108Likes1.89K
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President Trump, before world leaders at the Davos Forum: 🇺🇸 Congress is actively working to pass the Crypto Market Structure Act, and we expect it to be signed into law soon. The GENIUS Act has already been enacted. Next up: the Market Structure Act. America’s momentum is undiminished. https://t.co/6O0pD5hscU

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I’ve been investing in cryptocurrencies for a while, and my efforts have finally paid off. To celebrate, I’ve treated myself to something new! I sincerely thank my coach, @coach_shiima, for her guidance and support—without her, I wouldn’t have gotten this far. https://t.co/XCfG3Che74

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To put it simply... ✭ XRP was initially created with a total of 100 billion tokens. ✭ No code exists to issue additional tokens afterward. ✭ There is no mining. ✭ In fact, a portion of transaction fees is permanently burned. Therefore, theoretically, the total circulating supply gradually decreases over time. To be precise when saying “100% fixed”: ✭ The maximum supply (100 billion XRP) is fixed. ✭ No additional issuance is possible. ✭ However, the amount available on the market (circulating supply) can fluctuate. Why? ✭ Ripple is gradually releasing large holdings of XRP into the market. ✭ Liquidity changes as escrowed XRP is unlocked. ✭ Lost wallets and burns reduce the effective supply. So, “Someone could arbitrarily print more XRP in the future” — this is impossible under the current design of the XRP Ledger, correct?