The lawsuit is old enough to have frankly even a little stewed, however the controversies around this theme have never stopped; according to a large part of the community of cryptocurrency enthusiasts, in fact, the only sense of XRP as a currency would be to finance the growth of ripple as a company at the expense of investors.
Many took a stand against this vulgar, starting with the ripple supporter community, passing through the CEO (Garlinghouse), this time it was the turn of David Schwartz (Chief Technology Officer) who sparked a lively debate on twitter starting from the statements of Peter Todd (former bitcoin core developer) who said that some ripple partners would have revealed to him that they have no intention of using XRP.
As known, in fact, the ripple network does not necessarily require to change in XRP to move value, however Schwartz wanted to emphasize that nobody would ever buy XRP to finance ripple. the project, according to Schwartz, was mainly financed by venture capital and the sales of XRP, however for negligible amounts compared to other sources of financing, have always been negligible compared to the volumes traded daily on the markets.
Clearly Schwartz is right to sell, remember, for example, that just recently ripple has just closed a new round of financing of 200mln, so it has no need to defraud investors; it is not clear in practice why a company with ripple ambitions should discredit itself to such an extent for a few pennies when in reality it has no liquidity problem.
The truth is that by now the community is divided among the fans of the different projects who contend for the liquidity present on the market even with blows of false and defamatory news; Moreover, XRP is not the only currency to have lost much of its value compared to the last historical maximum, almost all altcoins are in a similar situation and the same things that are said of ripple can be supported for almost everyone the projects.
Regardless of whether a currency is decentralized or under the control of a company or foundation, in fact, for each project there is a small circle of people who have huge stocks of coins.
In any case, I think it makes no sense to be discussing a lot about issues like this, it is time that will tell us how things will go, everyone invests, hopefully, reasoning with his own head and chooses the projects he considers most solid or which, however, they express greater potential; in a few years, therefore, we will understand who will have been right and who will not, otherwise the rule, common to all, is always not to invest more than you are willing to lose, which is why, however things go, it should not there is nothing to tear your hair out for.
