A privately held company who can increase the supply of currency at will
The XRP supply is fixed at 100 billion, isn't it? I don't think the number can be increase, it's like the 21 millions bitcoins. Can anyone confirm this?
The fact that RippleLabs keeps a fraction and can move the price is EXACTLY the same thing that Satoshi and others early miners hold a huge amount of bitcoins => not a big deal. (But knowing if the 100 billion number is fixed or not is a big deal).