The Reset is Necessary to Correct the Accounting Imbalance
The Reset is Necessary to Correct the Accounting Imbalance
By Rinus Verhagen
The current value of 1 XLM is €67.28 silver and 1 XRP is €226.08 gold each.
Fiat money Scam without real value is overvalued by 8073% to represent the true value of XLM and XRP needed to enable trade between countries and people.
Conclusion that XRP and XLM still have a lot of room to increase in value.
AI overview:
• 100 billion XRP have been created, maximum supply: 100 billion XRP.
• Circulating supply: Approximately 60 billion XRP.
• Not in circulation: Approximately 40 billion XRP, managed by Ripple and released from escrow.
AI overview: It is estimated that more than 200,000 tons (approximately 200 billion kilograms) of gold have been mined in history to date. Most of this has been used in jewelry, but a significant portion is also present in investments, central bank reserves, and industrial applications. Estimates of gold reserves yet to be mined vary, but are around 54,000 tons. The total value of all gold in the world is estimated at approximately €12.5 trillion (or 12,500 billion euros), although this amount fluctuates with the price of gold.
The value is based on an estimated total amount of approximately 200,000 tons of gold mined and yet to be mined. The value is based on an estimated total amount of approximately 200,000 tons of mined and yet-to-be-mined gold.
• Estimated quantity: It is estimated that approximately 200,000 tons of gold have been mined worldwide, with another 50,000 tons in reserves underground.
• Total value: At an estimated price of €50,000 per kilogram (or €50,000,000 per ton), the total value of all the gold on Earth would be approximately €10 trillion.
Reports Goldbase. Others estimate its value at around $12.5 trillion (approximately €11.5 trillion at the current exchange rate).
Fluctuating price: The value of gold changes constantly due to economic, political, and market-related factors.
Current price: At present, the price of gold is approximately €113,040 per kilogram. However, this can change rapidly.
€113,040 x 200,000,000 = The written number is 22,608,000,000,000 / 100 billion = the fair value of XRP = 226.08 per XRP.
AI overview: Approximately 1.74 million tons of silver have been mined, most of which is found in mines, mainly in Mexico, China, Peru, and Russia. The total amount of silver that can still be mined is estimated at more than 580,000 tons.
Current price: The price per kilogram of silver fluctuates constantly, but is around €1,400-€1,450 per kilogram. The price per gram is therefore approximately €1.40-€1.45.
Market fluctuations: The price of silver is volatile and is influenced by the economy, supply and demand, and geopolitical events.
Comparison: Silver is often compared to gold. Historically, silver has been significantly cheaper than gold, platinum, and palladium.
Total value: Because the price of silver changes daily, it is not possible to give an exact total value of all the silver in the world.
AI overview: There are approximately 32.2 billion XLM coins in circulation, which is the active number of tradable tokens. The maximum supply, the total number that will ever be created, is 50 billion XLM coins.
1.74 million tons of silver is 1,740,000,000 kilograms + 580,000,000 = 2,320,000,000 kilograms multiplied by the current silver price of €1,450 per kilogram = €3,364,000,000,000 / 50,000,000,000 XLM
This would mean that 1 XLM could be worth €67.28 or more if no silver has been lost through industrial use.
To cover the current money supply in the world, there is a total of €3,364,000,000,000 + €11,500,000,000,000 = €14,864,000,000,000 available in silver and gold.
AI overview: how much money is there in the world?
The amount of money in the world is difficult to quantify, but recent estimates vary depending on the definition of ‘money’
The M2 money supply (cash, checking accounts, savings accounts, and money markets) is over $90 trillion, while the M0 money supply (physical cash only) is approximately $8 trillion. The total global money supply, including all assets, can reach $1.2 Biljard.
Overview of money supply:
• M0 (cash): Approximately $8 trillion (the sum of all banknotes and coins worldwide).
• M1 (cash + checking accounts): Approximately $50 trillion.
• M2 (including savings and money markets): Over $90 trillion.
• M3 (total, including all assets): Approximately $1.2 quadrillion. This also includes derivatives, cryptocurrencies, and all other financial assets, which greatly increases the total amount of money.
• $1.2 quadrillion is $1,200,000,000,000,000, which corresponds to 1,200 Trillion or 1.2 trillion.
The number 1.2 quadrillion is correctly written as 1,200,000,000,000,000, which is one million two hundred thousand billion, or twelve hundred trillion. Million: 1,000,000 (6 zeros)
Billion: 1,000,000,000 (9 zeros)
Trillion: 1,000,000,000,000 (12 zeros)
Quadrillion: 1,000,000,000,000,000 (15 zeros)
Fiat money is therefore clearly overvalued by 80.73 times the average value of gold and silver.
The value of XRP and XLM will therefore have to increase by a factor of 80.73, or the money will have to devalue by a factor of 80.73 to cover the current value of 1 XLM at €67.28 and 1 XRP at €226.08 each.