I think it would be wonderful (smart) if Ripple put a little clause in their distribution agreements such that a small percent of a distribution would require that the buyers purchase a fraction of the coins in the open market.
BOOOOM!
What is good for XRP is good for Ripple! I don't see how its any different personally. In my opinion the fact that they're getting XRP means they have the same currency as anyone on an open market. And that supply will be burned over time espescially once banks start spending billions per day in transactions possibly trillions per day if you totaled all the banks doing international transactions everyday.
I think the reason why XRP supply so high is because that supply will actually get burned down consistently but not too fast over time and I think the guys at Ripple have done the math for even when all the Banks in the world and central banks as well like Bank of England boom goes that XRP supply if Central Banks adopt.
Central Banks outspend everyone on earth by a mile because they rake hundreds of millions per days from compounded interest where even in Canada a country of only 35 million people has 500 Million dollars in interest from tax dollars going straight to our central bank. They of course spend that money internationally. Could you imagine the bank of England they probably get at least 1-2 billion dollars per day in the same manner. If they could spend that daily along with all their other incomes then imagine with all the banks on earth too. Its gonna be insane, that XRP supply will go down significantly over several years it has to.
Had they made the supply any lower the supply would burn too fast and then you wouldn't even be able to buy any when the banks get involved and I think they know that. Yea sure if it was just us guys using Ripple that supply would never go down but with all these banks on board say goodbye to that supply through as many zeros in there as you want or say what you will that supply is gonna go down to a level near bitcoins is if the banks use Ripple for their transactions absolutely no question that supply is gonna go down to a near bitcoin supply level and then that market cap will transfer into the price slowly as the supply reaches closer to bitcoin and you could have a possibility of it reaching a bitcoin price level within 5 years in my honest opinion. I don't even know how you could argue that even.
Can anyone do the math for us? If we can get the math of lets say banks spending a realistic amount per day fro mall banks then use the XRP burn supply number i'm pretty sure we could compute this ourselves and see that the supply would actually go down fairly decently in an acceptable rate by everyone. With this method its like almost a reverse mining process and its genius and it could really honestly realistically get Bitcoins market cap then have the supply burned and price goes up to match market cap supply and demand as well and we could even see Riipple in a few years hit 1,000 dollars.
If this truly is the next generation coin, or whatever that coin is, and I believe it to be XRP, then that coin has to reach a price level equal to or surpassing Bitcoin and the process in which Ripple burns its supply makes this totally possible.