Today, before I start talking about Ripple (XRP), I need to set the ground. So, please excuse me for not talking about the coin straight away and keep reading, as setting the base is essential here.
So, in the financial world, two of the most important terms to comprehend are without a doubt, inflation and deflation, concepts that play a vital role in the way specific currency acts and reflects on the users. With this said, the main benefit people can obtain from an inflationary process created by the government is the warranty that money will not be accumulated and kept by just a few, which in case of happening would create a concentration of power that only can be interpreted as a pyramid scheme, one of the labels with which the crypto environment is related the most with.
In this sense, it results clear that in order for certain coins to perform in a way where wealthiness is equitable, it is necessary for the governance of such coins to perform a pseudo inflation that guarantees the distribution of their money in an appropriate form, and that is precisely one of the actions that we don’t get to see in the cryptosphere. Ever since Bitcoin (BTC) appeared in the financial landscape, the distribution of their money has been unequal and dissimilar, meaning only a few manage to have incredible amounts of their cryptos and accumulate wealth.
Like this, the previously mentioned pyramid scheme results inevitable, and the only possible option for the coin is to start a decreasing path (if not already started) that will conclude with the stagnation of the token. Contrary to this, the coin that seems to have all of this calculated is none other than Ripple (XRP).
The third largest cryptocurrency of the market despite being strongly criticized for locking up more than the half of their total supply, it has been building up the foundations of an economic policy that benefits its users in the future. CashBet empowers operators with everything needed to run a legal and profitable iGaming business. Read more from globalcoinreport.com…
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