So Ripple may be better than bitcoin, but it's still not good enough for you? Ripple is centralized because it's a company. That's how companies work. But XRP trades on a public ledger.

Is that ledger perfectly decentralized today? No. But neither is bitcoin. You're holding XRP to a standard that nothing in existence can meet. And that's fine -- we hope to meet that standard by the end of the year.

XRP services anyone who submits transactions to the network. Anyone can run a server. Anyone can run a validator. Today, only about 8 companies are bothering to do this because the network doesn't have that many stakeholders. But expect to see that increase rapidly as new stakeholders emerge.

Is that what we hope to have going forward? No. But is it three Chinese companies you can't change no matter what? No. Unlike PoW, consensus doesn't inherently centralize nor does it create stakeholders whose interests are averse to those of the users.