You need a real ideology to hold through an 80-90% drop, and the most serious XRPtards certainly have that. After watching a few videos of XRPtards discussing the SEC case and crypto in general, I understand more of what this ideology is. It's not pretty. But everything starts to make sense about what looks like mindless allegiance from the outside.
In short, the XRP army is full of right-wing neo-Nazis who are ultra-patriotic to the US. They believe that top officials in the US have been compromised by China to give China control of the global financial system.
They hide their hatred of non-Western culture and zionism behind talk of "more open payments" and "global utility." Once you get these guys talking, though, they are just a bunch of Stefan Molyneux types — pencil-necked racists who sit in dark rooms playing CoD all day, hate paying taxes but hate Asians more, and think they have a better way of doing things because they say so. I've finally found the shitbertarians I unearthed earlier in my crypto career. Ripple is the light where these moths gather.
Garlinghouse giving up the chance to settle with the SEC now makes sense. Shitbertarians have integrity to a point, but they eventually bend the knee. I can predict with certainty what will happen in the case now. Ripple will take the process up to the point of no return, but the company will eventually pay the fine and accept crippling regulation. XRPtards will try to play it off as if the changes don't wreck its core mission, but the company and token will be permanently compromised.
What's funny is these losers seem to read 1984 and Brave New World on repeat, but they don't have the balls to actually fight what's coming. They know everything about the deep state and Orwellianism and blah blah blah but can't move away from Genshin Impact long enough to do anything about it.
In every video, these Ripple shitbirds were scared to death of China gaining any autonomy from the SWIFT system. They admitted that Westerns have enjoyed a better quality of life "at the expense of the rest of the world" (the shiller's words, not mine), and they expressed a true fear at losing this advantage. A lot of their "intel" revolves around the sordid story of Chinese spy, Fang Fang, who was apparently able to sleep her way into proximity with US financial power circles. They somehow connect it to the timing of the resignations of many financial officers who they believe "compromised."
Of course China has incentive to infiltrate US financial circles, because the US and China are in competition. These XRPtards have rose-colored glasses because of their Western zionism and don't see the aggression from the US. I'm more than sure there is an American Fang Fang sleeping her way around Chinese top officials right now.
Most of the answers to the questions any sane person would have about XRP are answered by Manifest Destiny more than they are through arguments of sound financial innovation. What we have here is a community of political extremists who are trying to express their racism and hatred through a financial system, Garlinghouse included. That's the dirty underbelly of what is driving XRP.
What these losers don't get is that nationalism based on physical proximity and racism is an antiquated mindset. In the future, nations will be purely cultural. Whether that future is controlled by decentralized autonomous entities or central oligarchs is up to us. The Rippletards can hopefully go off and have their own race-fest, and people like me will be in much more peaceful, inclusive and fun communities. There is one truth I glean from this, however. Regardless of what new age community you want to join, there will be a fight against the old guard. We should all prepare for it.