Yeah, he's pretty rich... if he cashes all his Ripple at the price point of the current highest bidder. However, said bidder will not want all of it, so some wi

Yeah, he's pretty rich... if he cashes all his Ripple at the price point of the current highest bidder. However, said bidder will not want all of it, so some will go at a lower price, and so on. Eventually the price may become extremely low due to the very high supply (which diminishes demand again). I wonder if this is taken into account. All crypto starters are rich in their own coins but they can never cash it in, at least not all at once. Same holds true for "normal" money since the gold standard was left behind of course. Their wealth depends on someone willing to pay a price, she or he is willing to pay said price because she or he expects the next person to pay even more at some point. Classic pyramid. Bad? I don't think so. Heading for an eventual crash? I think it will, at some point. Hopefully I'll get rich before then. What Ripple has going for it is that they may actually succeed at making it a system banks will adopt. If futures become available, insuring parties against fluctuations during transfer, Ripple may have actual value over just the next girl/guy wanting it more than you.