"Cofounder and former CEO Chris Larsen, who stepped down in November 2016 and now serves as executive chairman of Ripple, has 5.19 billion XRP in his personal holdings and a 17% stake in the company, according to sources at Ripple."
Ripple owns the entire locked supply which means he directly and indirectly owns 15.6B XRP in total. At $3.77 (cmc @ now) that's $58.8B. I'm pretty sure he has at least $200M in other things so that's $59B.
1. Bill Gates (U.S.) Co-founder, Microsoft Age: 60 Net worth: $86 billion
Oliver Brooks
This, it would also bring in more normie buyers.
Lincoln Myers
Dump it all m8
Angel Cook
LOL That guy would theoretically have as much as ~50% of world's current wealth at $10000/XRP that normies think is possible
If that happens history would remember this not as a 'crypto' or 'bitcoin' bubble, it would be a 'ripple bubble', nobody would remember other coins.
what a weird timeline that would be
Connor Stewart
>create fiat coin >not backed by proof of work >not even backed by proof of stake >created out of thin air like fiat >coin has no use not even on the Ripple Network >get banking shills to promote it to mass media >suddenly rich beyond belief Greed and stupidity allowed this to happen
Robert Butler
>all these people turning into billionaires from satoshis work >meanwhile satoshi is fucking dead
Carson Brown
is he richer than satoshi?
Nathan Clark
I'm sure Satoshi would himself over the current state of crypto if he wasn't already dead. It's for the best.
Asher Perez
It's close, satoshi only owns 1/20th of the bitcoin supply. You can do the math yourself.
Julian Thomas
but he can't cash out
Nathaniel Wright
Assuming satoshi owns 1M of BTC then yes, Satoshi is worth 'only' $15B
Noah Flores
If he was still around, he would have a ridiculous amount of influence.
He would no doubt agree that btc is outdated by todays standards, and could probably muscle any coin into the top 5 by simply endorsing it
Christian Hernandez
he also owns 1m of all the forked coins
that probably adds another 5-10b
Hunter Wood
He should just make some more ripple so he can be the richest
Daniel Cooper
Unrealistic net worth - if he would sell even 20% of that he had Ripple would collapse.
Adam Hall
>Not a bubble
Wyatt Sullivan
idk, but Bezos has been shilled as number 1 a lot lately
Connor Cooper
this
Jack Bailey
Isn't all of that in escrow though? Ripple market cap will collapse, but not until people like him are allowed to dump it
Kevin Bailey
Stop supporting banks. You are literally helping them to take control and end this money train. It's like they looked at crypto, didn't bother to understand what it is exactly or how it works but still decided to try to "copy" it (lol it's just magic internet money right? no need for this complicated blocked-chain thing).
Joseph Martin
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Bentley Miller
>allowed to dump it That's another thing, why the fuck are people supporting this when they have demonstrated they WILL freeze your assets if they think your selling will negatively affect the market? Why would anyone buy this if they even have that ability? Might as well just cut out the middle man and invest in banks. They're just riding the "crypto" train because it's hip and trendy.
Dominic King
How, no one even knows what Ripple is.
WHAT KIND OF CONSPIRACY IS THIS
Matthew Thompson
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Jaxson Edwards
If you look at volume on CMC almost half of it is done on Korean exchanges. I have a feeling the gooks don't care about what's behind a coin, it's just gambling to them.
Leo Perez
>How, no one even knows what Ripple is. What do you mean? Nogs are talking about it on twitter for fucks sake.
Kevin Lopez
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Henry Price
They don't know what it is the thought process is that "if bitcoin used to be one dollar, than this coin can hit 10k too" so they buy it up while banks prop it up and keep it at 2 to 3 dollars.
Matthew Robinson
Ah, 'dumb money'. They will get a reality check soon enough.
Luis Reyes
He seems to have slipped under the radar here. Only managed 1 vote in the 2017 Veeky Forumsnessman of the year poll. Maybe because he doesn't make many media appearances, but here's a recent one.
Good chance this guy doesn’t even exist and is just a paid actor hired by the Rothschilds to front (((their))) coin.
Sebastian Sullivan
honestly i just want some one to kick bitcoin off its #1 spot already the shartening of corecucks will be glorious
Henry Gonzalez
Wouldn't be surprised. It's still the only crypto I hold.
Jason Morris
With all the exposure XRP is getting, you'd expect the rise to go on for a while. Even newspapers over here in the Netherlands are having articles shilling it.
I'm just not sure about at which price I should sell.
Nicholas Adams
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Jaxson Morris
It was built by the billionaires, trillionaires, banks and governments to do a job.
Anthony Sanders
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James Cook
If all this media attention actually get normies to buy into it, the price will still go up, regardless of the jewery behind it.
Since I can't keep an eye on the price 24/7, I am considering splitting my XRP between a few other coins, though.
Christian Jones
Wait till he finds out you can't cash out
Christian Rodriguez
>considers selling XRP even though he know's it's designed by billionaires, trillionaires, banks and governments to go to war against the $90 Trillion in paper and electronic currency worldwide.
They're just as sick and tired of paper and electronic money as you are. Don't fuck up.
Jose Ross
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Gavin Gomez
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Jaxon Jones
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Hunter Wright
It's just that I'm reading a lot of conflicting stories about it all over the place. Reddit in particular is hilariously optimistic and there's a lot of shilling in favour and against XRP on this board.
Robert Mitchell
>Ripple shill spamming every thread 24/7 who could be behind this I wonder
Jaxon Hill
Don't read what literal fucktards on the internet have to say about it. Read about the macroeconomy. Read about how much money the central banks of the world have printed in the last 100 years. Read about the Bretton Woods system, closing the gold window, the petro-dollar, and every financial crisis since 1873. Read about the structural problems with the global economy, especially in the over-indebted western world.
>realize with your own brain that XRP is a financial terminator, cleverly disguised as a startup cryptocurrency, that is sent on a mission to make war against and assassinate all the obsolete fiat and cryptocurrencies, and bring about a new financial system that will last 80-100 years.
James Reyes
Literally ONE small shitty bank is PILOTING the use of XRP tokens. XRP is worthless. Banks using it are a meme that pumped XRP to a 100b+ marketcap. Have fun holding bags after the inevitable dump
>the virgin Warren Buffett >Make billions smartly investing in the companies that literally built America over the course of a lifetime
>The Chad Chris Larsen >Scam the world with internet coin in 2 years
Wyatt Flores
Do u guys think they have Wolf of Wall Street parties every time it goes up a dollar?
Brandon Barnes
>If XRP hits $5.56 he is going to be the richest person in the entire world
this is just so retarded.
this whole market is a joke.
Luis Gomez
Is this a real picture? Why are they all so short? Even for Asians they look like midgets.
Ryder Ross
Non-jew jewing the jews
Aaron Sullivan
Yes, the point is to show how absurd the current price is. Also this is true for almost everyone in the top 100 on the Forbes list.
Carson Hill
My point exactly.
Luis Sullivan
it's printing money though, it's okay, WHO CARES RIGHT, ITS JUST A FIDGET SPINNER TO TARGET millennials for shit sakes
Ayden Perez
That would be funny.
The point is that XRP is only the token, that's it. A lot of people don't realise that.
When you see it - XRP - on exchanges, it's not shares in the Ripple Company which are being bought, it's the token. Totally separate.
Good to watch it dump hard tho...
Zachary Sanders
should I buy ripple rn
Colton Foster
You don't think this scam is going to have a good ending? You really think XRP is in its state for a reason, some shit is going to go down, I wonder how many people are going to put a whole in their face for pulling out mortgages, and loans, and maxing out credit cards for this stuff.
Eli White
He doens't actually have $58B worth, he has far less than that. To sell, he would have to go down the order book. Very soon he would be getting far less per token. So many newfags don't understand that, saying projects are "worth" their market cap.
