XRP made 100 billion coins and burning them since day one, since deflation is built in.
How much Bitcoin got burned?
Time and time again he is lying and scamming by claiming xrp is deflationary.
In 2018 a total of 2 054 976 219 xrp where added to "circulation" increasing (inflating) from 38739144847 to 40794121066 total circulating.
On average that is 5.6 Million xrp per day (5 630 072)
In all of xrp history a total of about 8 million xrp have been destroyed.
Repeating claiming it to be deflationary when even Ripple management distances itself from this fraudulent claim deserve a negative trust rating.
Destruction of XRP
Whenever a transaction is validated and 0.00001 XRP is burnt, it means that the supply of all XRP in existence reduces by a little bit. However, the rate of destruction is not enough to cause deflation as it is negligible in the short and long term. At current rate, roughly 8,000 XRP is destroyed daily, and it would take about 100 years at the current rate to destroy about 0.3% of all XRP. By the time the supply is significantly reduced, it is likely that the blockchain technology itself will be a thing of the past!
Edit:
Negative trust given. Confirmed lair. For crypto to move forward it needs to free itself from cheats, liars, frauds, scammers........
As you obviously cant do the math or think logically, here are few facts (for others, of course, as obviously reasoning with you is futile):
1. CMC takes "circulating" number of coins as base of calculating market cap and inflation. All other, more serious finance sites like Forbes or Yahoo use total number of coins.
Examples:
https://forbescrypto.com/https://finance.yahoo.com/u/yahoo-finance/watchlists/crypto-top-market-cap/Even if some purists will denounce Yahoo and Forbes as "bankster enemy" like fudders here tend to do, its more appropriate to use them when evaluating
another "enemy" crypto asset like XRP, isn't it?
2. This person obviously have no idea what "order of magnitude" means and that those 8000 XRP burnt are drop in a sea if XRP starts to be used for its real use
(assets transfer/exchange)....80 000 or even 800 000 XRP burnt per day, how that sounds to you?
So, negative trust given, as he continues to spread lies and FUD