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This is how SEC should have settled with Ripple.

This is how SEC should have settled with Ripple.

Ripple Reddit

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Right now...

  • Less XRP holders as time passes by
  • XRP price remains stagnant as compared to other coins.
  • if Ripple releases a standard 100m per month into the supply, this will take 40 years to finish. Unless they release 1b per month into the supple then it will be 4 years. The amount that is released also affects the XRP price to decrease.

Now how do we solve the aboves?

SEC..

  • If price is below $10, SEC allows Ripple releases only 10m per month into the supply.
  • If price is between $10-$100, SEC allows Ripple to release only up to 100m per month into the supply.
  • If XRP price is above $1000, SEC allows Ripple to release up to 1b per month into the supply.

On top of that, Ripple must also buy back of at least 90% of the amount that they have released to the supply chain within a fix period of time and Ripple is not allowed to sell anything they hold for at least 3 weeks after purchase.

By agreeing to the above, SEC should allow Ripple to be a non security or a currency class. This will not hurt XRP holders and this will benefit all.

This should allow other exchanges to trade XRP in their platforms with ease of mind.

By doing all the above, there should be more XRP holders that will be confident to buy MORE XRP for the long term as well as more financial institutions to work alongside with Ripple.

When XRP price is high. I do not see any problem why XRP cannot be bought in fraction in the future like Bitcoin. 1 XRP is made out of 1 million drops after all.

submitted by /u/Responsible_Slip_243
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