Exactly why I'm so bullish about bitcoin, even the creator isn't touching his coin at all.
Compare it with most of altcoins out there where their creators are reserving their own allocation to eventually cash out even with vesting a cash out is a cash out and that shows that they're only here temporarily.
Bitcoin is built different.
This is not the first time the owners of Ripple have been cashing out. CEO Brad Garlinghouse was accused of selling about $150 million worth of XRP from 2017 to 2020. Other co-fouhders such as Chris Larsen have sold off close to $450 million in time past. The constant movement and sales of XRP by these creators shows that their motives is just to acquire wealth. Bitcoin was not created for selfish interest rather it's focus is to foster decentralization and give people an alternative to fiat. Bitcoin has no competition because it it doesn't have thesame goals like altcoins.