Ripple (XRPUSD)

[Going_4_It]

XRP is not Ripple. XRP is a crypto coin. Ripple is a company.

Ripple has been making the claim for quite a while that there is no control being exerted over XRP and therefore no connection. I believe this to be true. If it is NOT true then XRP is a "security" and should be regulated, and that would be bad for the coin.

There is an ongoing controversy about whether XRP is truely a distributed cryptocurrency, or whether it is centrally controlled by Ripple Labs. So this is why the administration can talk to Ripple about XRP. Because they are "assumed" to be in control and therefore responsible for XRP. Ripple can make binding decisions about the disposition of XRP, and this is substantially different situation than for any other crypto that In am aware of.

I, contrast, IF the administration wanted to discuss Bitcoin or Etherium, etc., just WHO would they talk to? Nobody...

This meeting at the Whitehouse with Ripple and about XRP is NOT a good thing. It could be construed as a kind of tacit proof that XRP is NOT a truely distributed cryptocurrency.

All just my opinion...