They don't and that's precisely the problem. They've been gaslit by Mr. Garlicbread and the Rip Cronies for so long and many are in so deep, all they can do is desperately try to pump their bags to get exit liquidity. XRP was never anything more than a way to seed Ripple without having cede ownership stake or take on debt through traditional venture capital or fundraising methods. The asset wasn't needed to use their OG RippleNet Bank network. I was in XRP back in 2017 and after finding this out, that is when I dumped it all and came to the conclusion above.

Additionally, there is also a reason they've now launched a stablecoin. That is going to be a defacto CBDC. That has been their overarching goal for several years now and they've been very open and honest about it. Allegedly you do have to own at least 1 XRP token to transact on that network as it serves as a gas token for it but the burn rate is so tiny that it's immaterial. If someone wants to get a comparison on how a two token system like that looks, check out VET/VTHO and VTHO is where XRP will trend IF their RLUSD takes off.

I am a firm believer that you cannot call yourself a Bitcoiner and invest/own any Ripple product. They are completely antithetical. Any company openly stating they want to be global CBDC rails is nothing but evil and should be eradicated at all costs.