Coinbase supports XRP, and stupid shills think this is good news. As I've reported before, the shills you probably listen to are only here to pump their bags. They don't deserve your attention, because they have no core philosophy. They are tools — slaves that are all about money.
Even if XRP wins its case, this is not a victory for crypto. Why? Because you idiots still allowed the US to arbitrate whether XRP was a security or not. Anything that is truly sovereign wouldn't accept an outside entity judging its legitimacy. Coinbase's old message about "having regulatory approval to list security tokens" still means that the regulators are in charge.
Coinbase has to say this. They know they're next on the chopping block if XRP loses, and that precious IPO definitely won't be successful.
If you're in crypto for real, stay away from Coinbase. They just told you who their master is.
If you read my article about DAOs, you understand exactly why centralized companies like Coinbase and XRP/Ripple shouldn't even be considered in our sphere of influence.
Honestly, anything that happens to Coinbase or XRP has no bearing on the crypto space. Neither of those operations are crypto. One's a business and the other's a scam, but neither of them adhere to the decentralized or autonomous nature of what crypto should be. There were, and they will always be, money grabs for their executive teams and shareholders.
I don't think it's a coincidence that the two CEOs at the head of money grab operations are both shit people as well. Brian Armstrong is a racist, Brad Garlinghouse is probably one and definitely a scammer. These aren't folks I'd want to share a park bench with, much less my money.
The point — whatever happens to Coinbase and XRP won't matter to bonafide crypto, so don't give it so much weight. Let the US government handle its slaves while the rest of us move forward and create the next generation of human governance.