XRP even admits they are centralized if you read the page that describes being their process of validation. Because if you want to become one of their trusted validators on the UNL you have to agree to the consensus of everyone else. Don't agree to their consensus? You'll never get on the UNL.
So if the consensus says "Mycovidfeelslikeacol" can't spend any XRP from his account, no amount of concerted effort can ever override this.
XRP uses hidden authority in the same way that "consensus" is used to govern behavior in the scientific community. Try and take a contrarian approach, and you lose your grant money. So everyone follows the consensus.
Don't let anyone fool you:
XRP IS a CBDC with only a thin veneer of blockchain to hide its very centralized nature. It is NOT a decentralized cryptocurrency like Bitcoin. XRP is bad for cryptocurrency, and it's bad for America.
XRP even admits they are centralized if you read the page that describes being their process of validation. Because if you want to become one of their trusted validators on the UNL you have to agree to the consensus of everyone else. Don't agree to their consensus? You'll never get on the UNL.
So if the consensus says "Mycovidfeelslikeacol" can't spend any XRP from his account, no amount of concerted effort can ever override this.
XRP uses hidden authority in the same way that "consensus" is used to govern behavior in the scientific community. Try and take a contrarian approach, and you lose your grant money. So everyone follows the consensus.
Don't let anyone fool you:
XRP IS a CBDC with only a thin veneer of blockchain to hide its very centralized nature. It is NOT a decentralized cryptocurrency like Bitcoin. XRP is bad for cryptocurrency, and it's bad for America.
https://xrpl.org/blog/2020/running-an-xrp-ledger-validator
I am well aware of the upside of XRP but never invested in it because it is the bankster's coin.
If there was ever a deep state coin, it is XRP.