David Schwartz, Ripple’s CTO Emeritus (A CTO Emeritus is a former CTO who has attained an honorary position in the company due to his contributions), has provided evidence that Ripple burning all its escrowed XRP tokens would have no positive impact on the asset’s price. Ripple has sold over 21 billion XRP tokens since it began its escrow release schedule in 2017, triggering criticisms from detractors and some proponents.
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