XRP Army Pushes Back on “Centralized Security” Allegations as 70% Back Spot ETF Approval
Main Idea
The XRP community defends XRP against allegations of being a centralized security, with notable support from pro-XRP lawyer John Deaton, while debating the potential for a spot XRP ETF.
Key Points
1. The XRP Army defended XRP against critics who labeled it as a centralized security, contrasting it with Bitcoin.
2. An investor, Jason, argued that approving a spot XRP ETF would undermine security laws, sparking debate within the community.
3. Pro-XRP lawyer John Deaton supported XRP, stating he would educate others to counter bias against the asset.
4. The XRP community expressed optimism about a spot XRP ETF, with analysts projecting price increases following past performance trends.
Description
The Ripple XRP community has fired shots at an investor who called the crypto asset a centralized, controlled security.
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