@dr.leorio how is ripple going to be worth $100 each with the massive circulation supply? unless they are planning to do a burn.
100B XRP were created at the first ledger on RCL (Ripple Consensus Ledger). This number is hard coded into the Ripple ledger and cannot be changed. Ripple sells some of these 100B to fund the operations of the company and plans to use some to incentive the adoption of RCL/XRP. Ripple currently holds around 63B remaining XRP while the other 37B are held by outside entities. They update these numbers (XRP distribution) every Thursday here:
https://ripple.com/xrp-portal/. That same page also gives some guidance as to how many they plan on holding at the end of 2020 (50B). This gives us an idea of how many they plan to distribute for the next few years.
A small amount of Ripple are destroyed overtime there is a transaction on the network. These destroyed ripple (they disappear never to come back) act as an anti-spam mechanism on the network. For example if someone tried to spam millions of transactions on the network the fee would quickly escalate making such an attack very expensive. You can see the rate of destroyed XRP (network fees) here:
https://charts.ripple.com/#/metrics. This means the total supply of XPR is slowly decreasing. I believe since 2013 roughly 4M XRP have been destroyed.
If you read through the resources at the bottom of this page (or all of them) it’ll give you a lot more insight on how XRP works and how Ripple plans to use them.
https://ripple.com/xrp-portal/xrp-resources/
This guy explains it pretty well too: