It’s great to read this important post because political changes sometimes affect the market and specific assets, but the future of XRP will not only be determined by political side. I think that if the XRP original investors suddenly sell huge amount of XRP, then the fears may be the condition, but if Ripple has a lot of its own storage, they usually don’t hoot and drop in the market by step by step. But political change in this coin can cause some pressure, but there is much less chance that it will be destroyed directly. If good relations with the US administration are also developed, then this XRP can return to new forms and have many major effects on the market.
How so? XRP is centralized. So political changes will affect it one way or another. Not like Bitcoin or similar cryptocurrencies that are decentralized. They don't depend on politics to survive. Of course, a friendly regulatory environment for crypto will help accelerate the growth of decentralized coins. If it's the contrary, growth will slow down but that won't mean the end for decentralized cryptocurrencies.
Ripple is too tied with XRP (single point of failure) so it can be shut down easily by the government. A harsh regulatory environment will mark the end for this centralized "shitcoin" for good. I know many think XRP is a quality coin because of the profits they make with it. "Veterans" like myself know there's more to crypto than just making money (usability). Hopefully, people get to understand this before it's too late.
