Just to be pedantic... The XRP Ledger is super decentralized. I think Ripple only runs 3 of the 91 validators - and because there absolutely tiny fees to use XRP, the validators don't make a profit... they're essentially volunteers who want the network to run securely. It's kind of incredible.
Of course, the executives plus Ripple the company hold a huge amount of XRP... but Ripple has been funding lots of projects and developers to grow the ecosystem... so it's only a matter of time before it's a super decentralized blockchain.
Ripple could have settled this case, but they're fighting it to try and force the SEC to make a ruling one way or another. It's an absolutely fascinating legal fight and I totally agree that the entire cryptosphere is keeping an eye on the outcome.
This is a great point.
On top of this there will only ever be 100B XRP or whatever, so the distribution should keep getting better for the next 20 years.
In addition, the XRP community is very strong, albeit toxic, but it doesn't matter that they are toxic. What matters is that they are strong and they aren't going anywhere and they will fight for their network.
Posted Using LeoFinance Beta