Politicians learn sound bites and rarely fully understand the tech. A lot of people conflate token centralization/concentration with network decentralization. For example, some argue XRP is not decentralized, because Ripple owns 40% of the outstanding XRP.
But 75K XRP holders, from 143 countries around the world, joined me in the motion to intervene in the Ripple case against the SEC.
75K XRP holders from 143 countries around the globe is pretty darn decentralized to me.
People often conflate the token of the network with the network itself.
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