Post by Roots

Let's talk about $XRP. Learning all about their fundamentals, on how it has the most decentralised protocol. I even listened to their CTO's speech, on how no incentives is the best incentives. As time passed, I have come to realisation that is the case only in terms of security.

But this is where Ripple had failed.

1. No one will build nodes altruistically, let alone upgrade your hardware for scalability.
2. They believe that people who cares about the network will build nodes .

As time goes, where are those people? This should be a network of altruistic people. As we all can see in the securities law debate is that people invest in $XRP not because of Ripple's effort. And that the secondary market of $XRP is not a securities.

But where are the builders right now? All we see are influencers, investors… still hoping and celebrating on the efforts of Ripple. Not with the intention of building the network.

So the question is,
Is XRP an actual securities?