So, im bullish on Ripple, like many other. This doesnt mean i dont have my BTC stash in place, and believe me, my BTC dont get jealous.. so why all the fuzzle?
The fact that the company owns XRP tokens in semi-infinite quantities is a real hindrance to the value of each such token. Their ability to profit off the seignorage works directly against the interest of XRP hodlers.
Sure.
The problem isn't really about how XRP works but how they were created.
Once XRP goes to the top the company will simply sell a part of the stash and that's all.
No way people will ever use this shit.