Lets put something to rest regarding the 50billion+- XRP Escrow. Many questions about it again after JedMcCaleb burned 50billion XLM since nobody wanted to use it. It made sense for Stellar to reduce their supply (desperation) The XRP escrow serves as a treasury function. Understand economics & the financial world. XRP is being set up to be digital gold that will affect everything & anything of value moving across borders. This makes me even more valuable than gold. It becomes the life blood of the system. Without it theres no system.. Any system like this thats being built to run for centuries (or eternity?) Must have reserves so if theres a shortage or a need, a centralized institution like the IMF (your countries slave master) can distribute some to keep things running smoothly.. XLM didnt need the 50billion. Nobody wants it, no demand. So it made sense to burn 50billion and nothing stops them from burning whatever XLM they have just to try & create artificial demand with a low supply. But its a dead end. It will end like Mt Gox. I digress
So you got to start thinking of XRP the same way you think of gold. There are gold reserves in the ground & these can be taken out & wealth is created from this & distributed. XRP is already premined & when the value is pumped to 4 or possibly 5 digits (fuck you marketcap cunts) and economies grow, that 50billion+- XRP will go a very looooong way to bailing out or loaning nations & central banks. This system is designed to last for eternity ( I bet they said the same about all systems but fuck who knows since they can issue other tokens on top of this)
If there was no demand for XRP & there was no plans to use the escrow reserves as a treasury function, Ripple would have burned the escrow just as stellar had done. If I were Jed I wouldnt sell any more XRP unless all founders who took billions are being forced to lower holdings