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Comment by tristanj

A couple other discussions from earlier this week.

https://news.ycombinator.com/item?id=16071731 (Yesterday)

https://news.ycombinator.com/item?id=16057883 (Two days ago)

I found the top comment in yesterday's thread rather interesting. If there is a hard cap of 100 billion Ripple coins that can exist, and Ripple Labs already owns 60% of them, at today's price of $3.33 that would mean Ripple Labs has $3.33 * 0.60 * 100billion = $200 Billion in assets, making it one of the largest companies in the world. It's complete madness.

parent tristanj 8 years ago

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