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by mkirklions
3082 days ago
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100B of value? You mean market cap? There might be 100B in solving the problem of Moving Money. But market cap for Ripple is intentionally misleading. only 19,000,000,000 ripple are owned by the masses. 20,000,000,000 ripple are controlled by 3 people. 61,000,000,000 is held by ripple labs. The 20,000,000,000 ripple held by the founders are included into the market cap. Its basically 2x overvalued. |
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