Ripple (XPR) is bad for the crypto community and the whole world.

The main idea that Ripple sells is to upgrade current bank transfers from 40-year-old technology to modern blockchain technologies that will allow money to be transferred in seconds instead of days.

Ripple Labs and its founders initially owned all the XRP coins, which they gradually sell to all participants (mostly banks) so that they can fully use their technologies.

Even though you can theoretically run your own validator, it doesn't make much sense unless Ripple Labs approves it. Otherwise, you will not be included in anyone's list of trusted validators and no one will take you seriously.

It turns out that Ripple Labs is essentially the central bank of this system. And XRP is its CBDC.

Ripple aims not to change the current fiat system, but, on the contrary, to sustain its existence. Ripple is the evil twin of Bitcoin. And if you hope to someday see a world where money is not controlled by the state, which constantly devalues it through inflation, you will be against Ripple.