XRP max supply is 100,000,000,000 but the circulating is less than a hundred million, how's that being Deflationary? The reason why it will start mooning is that, banks are looking into it. But there is no denying its shooting up.
Hey, Deflation = Where a Supply Decreases and "DOES NOT" increase.
So Lets see XRP Supply of 100 billion DOES NOT Increase, and as every transaction in XRP Destroys some XRP permanently, Hmmmmm lets see, the Supply is decreasing ...
So its deflationary...
and now once lock-up is out, available supply for next many years will be 37 Bil ish. and Still every xrp transaction destroys a bit of it.
Any doubts ? what am i missing here ? if something, please bring it on & let me educate myself if i missed something.
Thank you kindly,
f0rmdeep