Currency and Money Value

We use the number of units of each currency that are created as a measure of currency confidence or risk. When additional units of a currency are created there is a greater risk of a loss of purchasing power due to inflation or hyperinflation of the currency price of goods and services. People usually refer to currency as money unless it is debased severely by new currency creation. True money like gold and silver cannot be created by private and central banks.

Tuesday, July 25, 2017

Ripple Units

On 25th July, the Ripple site contained an article published on 16 May 2017 with the following graph which appears to show the number of units levelling out at around 95 billion.

However, we understand from a Wikipedia article which referred to the XRP Distribution from Ripple Labs retrieved on February 24, 2015 that 100 billion units were created.

Currency and Money Value

Tuesday, July 25, 2017

Ripple Units

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