For sure it is not a crypto currency and the majority of investors are not getting this. I cannot understand people that are supporting such projects because the idea of crypto currencies is to make the world decentralised.
All of your answers can be found here. Please let me know if you have any other questions. XRP ledger is quite decentralized as Ripple only controls 7% of the XRP ledger and 27% of the UNL's. These numbers are decreasing rapidly. The XRP ledger will be completely decentralized in about a year.
https://fudbingo.com/the-xrp-blockchain-is-centralised