These are massive flaws of a centralized coin aside from they have too much control and access to the coin itself. Most of the time, the developers only act for their best interest. They are also easily targeted by authorities when they make some violations or act inappropriately. The coin can't stand for itself when the team associated with it is known for making poor decisions and being suspicious.

It does not matter what anyone wants because this will not happen anymore. SEC just dropped the lawsuit against ripple. Trump also mentioned that XRP will be added to the reserve. Everything is going XRP's way right now and there seems to be nothing to stop them.