All I hear around the Internet is "buy Ripple" or similar. Thanks for bringing up some interesting details about the crypto. I was not aware that it has the problem of being a single point of failure crypto.

That is a major concern. Then the fact that the company is holding over 50%, or is believed to be, is another major concern. As you stated, if they so chose, they could decimate the value of Ripple in a few seconds.

That is a recipe for disaster that I am not interested in being in the kitchen for. I will just tuck that $100 I planned to put into Ripple back into my wallet and look for another investment. Maybe Dentacoin? Lol.